First National Bank
- Competitive interest rates
- Shariah-compliant solutions
- Finance for business premises
[Accessed July 27, 2023]
About First National Bank
A bank with a long history in South Africa, FNB, may be traced back to the Eastern Province Bank, founded in Grahamstown in 1838.
It’s currently operating as a division of FirstRand Bank Limited and has a long history of effectively meeting challenges and fulfilling the needs of its customers. The Acacia tree logo of FNB reflects its commitment to its clients and communities, symbolising its profound connection to South Africa and growth through serving its customers.
FNB's contributions to environmental conservation
FNB is committed to promoting environmental sustainability by introducing policies and programs that aim to minimise environmental impact, collaborating with suppliers on environmental concerns, and promoting energy and water conservation. The bank also invests in environmental projects using a portion of its funds and has received recognition for its environmental initiatives through various awards.
Facilitating research for various fields
The FNB archives department was created in 1979 with the aim of granting access to the bank's significant historical records to researchers in fields like economic history, genealogy, banking, and management studies. While certain materials may have limitations, the bank's historical records are available to eligible researchers.
FNB's portfolio of leading franchises
FNB offers a range of investment products and services to diverse customers, including retail, banking, insurance, and public sector clients. Its main franchises, such as RMB, WesBank, and Ashburton Investments, provide these services and products.
The role of core values in FNB's decision-making process
FNB is an organisation that’s rooted in its values, which include pride, accountability, innovation, Ubuntu, and respect. These values guide the bank's decision-making process and its interactions with all stakeholders, including colleagues, customers, investors, suppliers, the community, and the environment.
Those who are interested in finding out more about FNB, including its values, community engagement, and other details, can visit the bank's website or contact them directly. FNB's continuous efforts to promote sustainability, and support for environmental initiatives showcase the bank's dedication to its clients, communities, and the environment.
First National Bank Services
FNB offers a comprehensive commercial property finance service designed to meet the needs of property investors, developers, and owner-occupiers.
Whether you're looking to purchase a new property, expand your existing portfolio, or expand into Africa, FNB has the experience and expertise to help you achieve your goals.
Flexible finance options to help property investors seize opportunities
As a property investor, you need access to flexible finance options to help you seize opportunities.
FNB's commercial property finance service offers a range of financing options, including term loans, revolving credit facilities, and bridging finance, to help you fund your investment activities. FNB can help you achieve your investment goals with competitive interest rates and flexible repayment terms.
Funding solutions for property development projects
For property developers, FNB offers a range of financing options to help you fund your development projects. Whether you're developing residential or commercial properties, FNB can provide the necessary finance to get your projects off the ground.
With specialist knowledge of the property development market, FNB can help you navigate the complexities of property development finance and ensure you have the funding to complete your projects on time and within budget.
Secure your future with FNB's owner-occupied property finance
If you want to purchase property for your use, FNB's owner-occupied property finance service can help. It can provide the necessary finance to purchase your premises, whether an office, retail space, or industrial property. With competitive interest rates and flexible repayment terms, It can help you achieve your business objectives and secure your future.
FNB's network of contacts and partners for successful business
Expanding into Africa can be complex and challenging, but FNB can help. With a deep understanding of the African property market and a network of local contacts and partners, FNB can help you navigate the legal, regulatory, and cultural challenges of doing business in Africa. Whether you're looking to invest in commercial or residential property, they can provide you with the financing you need to succeed.
Finally, FNB's commercial property finance service includes Islamic finance options, providing Shariah-compliant finance solutions for your property investments. Its Islamic finance experts can help you navigate the complexities of Shariah-compliant finance and ensure that Islamic principles structure your assets.
First National Bank – Commercial Property Finance
- Loan Type Commercial Property Finance
Benefits of First National Bank
- Flexible financing options: Tailored loans and credit options.
- Competitive rates: Competitive interest rates.
- Property development expertise: Specialised knowledge for developers.
- Owner-occupied financing: Finance for business premises.
- African market expansion: Support for African property investments.
- Islamic finance: Shariah-compliant solutions.
- Simple application: Easy online application process.
- Compliance assurance: Stringent compliance procedures.
- Risk mitigation: Transaction monitoring and reputation protection.
Requirements and procedures for FNB’s commercial property finance
To qualify for FNB's commercial property finance, you must fall under the categories of property investors, property developers, or individuals seeking to expand into Africa.
Application requirements for owner-occupied business loans
FNB also provides financing to owner-occupied businesses. When applying, you must specify the loan amount and the reason for your application. As a business owner, you must provide your company registration number, company turnover, and the region where your company operates. Additionally, existing customers must provide their account numbers.
Application procedure for FNB commercial property finance
The process of applying for FNB's commercial property finance is simple. Applicants can call their FNB CPF representative or request a callback by completing their personal and business details online.
During the application process, you must provide your title, full name, contact number, email address, and the loan amount you seek. Furthermore, you must specify the reason for your loan application and the type of loan you require. As a business owner, you must provide your company registration number, company turnover, and the region where your business operates.
FNB's compliance procedures for risk mitigation
To ensure compliance with South African and international laws, FNB has implemented specific compliance procedures. It may check and confirm the customer's identity and entities involved in the business relationship, including directors, signatories, shareholders, and related entities.
Criteria for declining business with individuals/entities
FNB may also decline to conduct business with any person or entity that does not fall within its risk appetite. It will not engage in business with individuals or entities listed on any sanction list or connected to restricted countries or government agencies. It can end its relationship with a customer if it believes continuing the relationship will pose reputational or business risk.
FNB may monitor transactions and instructions and request additional information before acting on any instructions or transactions. FNB may also refuse to carry out any instructions or transactions.
First National Bank is a trusted & reliable provider of commercial property finance
In our review, First National Bank adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.
✅ First National Bank is a registered credit provider in South Africa: NCRCP7997
First National Bank Contact
Physical Address
- 6th Floor, 1 First Place Cnr Simmonds and Pritchard Streets Johannesburg Gauteng 2001 South Africa
- Get Directions
Opening Hours
- Monday 09:00 – 15:30
- Tuesday 09:00 – 15:30
- Wednesday 09:00 – 15:30
- Thursday 09:00 – 15:30
- Friday 09:00 – 15:30
- Saturday 08:30 – 11:00
- Sunday – Closed