Stanbic Bank Tells Developers What’s Blocking Real Estate Financing
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Banks say many African real estate projects fail before funding discussions even begin. Stanbic Bank says weak documentation and poor project preparation are locking developers out of financing.
Stanbic Bank Ghana says many African real estate developers are struggling to secure financing because projects often lack strong fundamentals and proper preparation. Speaking at the Africa Real Estate Festival, the bank’s Head of Investment Banking, Kobby Bentsi-Enchill, said lenders look beyond ambitious ideas and focus heavily on documentation, financial projections, land titles, and clear exit strategies.
The bank noted that many projects fail to attract capital not because demand is weak, but because proposals are poorly structured or incomplete. Industry experts say stronger technical advisory teams, financial planning, and governance structures are becoming increasingly important as banks tighten due diligence standards across Africa’s property sector.
Stanbic also reaffirmed its commitment to financing viable developments, saying sustainable real estate growth remains critical to jobs, infrastructure, and economic expansion in Ghana and across the continent.
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