Bloomberg News

Standard Bank’s Affordable-Home Loans Climb to 10 Billion Rand

By Alastair Reed
October 12, 2011

Oct. 12 (Bloomberg) -- Standard Bank Group Ltd. said its loan book for affordable homes has climbed to 10 billion rand and that it expects to double that figure by 2015, Nicholas Nkosi, director for affordable housing, said in an e-mailed statement today.

To contact the editor responsible for this story: Alastair Reed at areed12@bloomberg.net

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