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Card image 02 September 2019 Creamer Media Engineering News

Land Bank posts healthy results during difficult times in agriculture sector

State-owned development finance institution (DFI), the Land and Agricultural Development Bank of South Africa (Land Bank), grew its transformational loans to R7.9-billion in the 2018/19 financial year. Transformational loans as a percentage of the total loan book increased from 12% in 2017/18 to 17% in 2018/19.

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