Sasfin’s Sharp U-turn – Income Jumps 11.65%: Annual report

Sasfin posted headline earnings of R141.1 million (2020: loss of R48.6 million) for the year ended 30 June 2021. This improvement was largely driven by an 11.65% increase in total income to R1.303 billion and improved credit performance. Return on equity improved to 9.11% (2020: -3.12%). Each of the Sasfin pillars – Asset Finance, Wealth, […]

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Sasfin’s First In The World: R600m To Support Marginalised SMEs

Championing women, youth and COVID-affected businesses in SA Sasfin has obtained a R390m funding line as well as a R600m portfolio guarantee facility (NASIRA) from FMO, the Dutch Entrepreneurial Development Bank, to provide loans to women, youth and Covid-19 impacted businesses and empower South African entrepreneurs to build a better world. Sasfin is the first […]

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