Absa Bank Limited
Cliffe Dekker Hofmeyr is currently on the following panels which fall under ABSA: ABSA Bank Limited, Home Obligors Mortgage Enhanced Securities Pty Ltd, Absa Commercial Property Finance, Absa Home Loans 101 (RF) Limited and the Absa Home Loans Guarantee Company (RF) Pty Ltd panels. We oversee the registration of various home loans as well as complex commercial property finance loans.
Our South Africa-based real estate team recently advised ABSA Bank's Corporate and Investment division on a number of notable notarial bonds which needed to be negotiated, drafted, settled and registered as safe and secure General Notarial Bonds while seeing to the necessary cancellation of other associated notarial bonds for ABSA Bank Limited.
Researching and drafting legal opinions in respect of the validity and enforceability of these General Notarial Bonds internationally allowing our client to make a well-informed decision to protect its stakeholders.