RMB launches digital marketplace to help companies reduce reliance on bank loans

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RMB launches digital marketplace to help companies reduce reliance on bank loans 🔒

Rand Merchant Bank , the corporate and investment banking unit of FirstRand, has launched a digital debt marketplace that will allow companies to raise funding by issuing both listed and unlisted debt securities.

The digital funding platform, called Intengo, is available to creditworthy companies and will enable SA corporates to reduce their reliance on bank loans for funding by instead issuing debt instruments on an easily accessible online platform.

 

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