Quick News - REDAN moves to fund building projects at 12% interest

Started by MrVan, Jan 14, 2013, 02:30 AM

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MrVan

Jan 14, 2013, 02:30 AM
*Says most PMBs will not meet recapitalisation Real Estate Developers Association of Nigeria (REDAN), umbrella body of property developers in the country, is set to introduce two new products by February that will put interest rates on borrowing to fund building projects at between 12 and 15 per cent.

- Vanguard Nigeria
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