First National Bank says it strongly believes in the economic growth potential of the Eastern Cape.
That's the word from FNB provincial chairperson, Sagren Ramalingum, who was speaking on Tuesday at the official commissioning of FNB's new regional office complex in Port Elizabeth.
He says the construction of the massive office block, which also houses several group companies, is part of FNB's continued investment in the Metro.
"It is currently the first to house all FirstRand Group Business Units and will be occupied by Group Companies such as Rand Merchant Bank, FNB Private Clients, RMB Private Bank, Global Transactional Services, International Banking, FNB Insurance Brokers FNB Commercial, Premier Banking and FNB Online," he said.
"The city of Port Elizabeth's economy is increasingly modern and export oriented, with great potential for growth of existing and the establishment of new industries. We strongly believe in the economic growth potential of the Eastern Cape and the building of the Regional Office complex is part of our continued investment into the city."
"Our role as a proudly South African organisation extends further than banking alone. FNB sees this building as a tangible expression of its commitment to this city and region. Our total investment in the region is in excess of R 160 million and we plan to invest a further R30 million on the upgrade of the FNB Newton Park Branch," Ramalingum added.
"Our role as a proudly South African organisation extends further than banking alone. FNB sees this building as a tangible expression of its commitment to this city and region. Our total investment in the region is in excess of R 160 million and we plan to invest a further R30 million on the upgrade of the FNB Newton Park Branch," he said.
"The design of the building boasts mechanical and electrical installations which are energy efficient and are arguably the first few in South Africa with the flexible sprinkler installation. These are just one of the few green building principles that have been closely monitored and evaluated," he said.
