FNB backs O&L

FNB backs O&L

Ohlthaver & List and First National Bank Holdings Thursday announced the signing of a business transaction, which took place on 17 October 2003 at the Ohlthaver & List Centre.

O&L’s Chairman and CEO, Mr. Sven Thieme, and FNB Holding’s CEO Mr. Lazarus Ipangelwa signed the transaction, which stipulates the financing of O&L’s property portfolio by FNB Holdings. The business transaction underlines FNB Holding’s continued confidence in O&L’s strategic developments, such as the Werner List Building, which trades as Standard Bank Centre, according to Patrick Hashingola, O&L’s public relations officer.O&L’s portfolio of commercial properties further includes the Kaiserkrone, Carl-List-Haus and the Wernhil Park.The business transaction underlines FNB Holding’s continued confidence in O&L’s strategic developments, such as the Werner List Building, which trades as Standard Bank Centre, according to Patrick Hashingola, O&L’s public relations officer. O&L’s portfolio of commercial properties further includes the Kaiserkrone, Carl-List-Haus and the Wernhil Park.

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