Finance

RAND MERCHANT BANK BOOSTS AIRCRAFT PORTFOLIO

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RAND MERCHANT BANK BOOSTS AIRCRAFT PORTFOLIO

Rand Merchant Bank has spent US$40 million (about 250 million rand) on three Bombardier Q400 aircraft bought from Flybe to be leased to SA Express as part of a concerted effort to grow its aviation portfolio. “We are an investment bank and we do have a financing mindset,” said Greg McKenzie, a m...

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