|
{BANNER_STUFF}
Sasfin Holdings Limited is a bank controlling company which listed on the Johannesburg Stock Exchange in 1987. Through its subsidiaries, notably Sasfin Bank Limited, Sasfin Holdings offers a range of comprehensive, modular banking and financial services focused on the needs of the corporate, commercial and individual client.
These services include: trade finance, logistics and trade solutions, freight, verification services, corporate finance, securitisation, private and property equity, debtor finance, equipment finance, international and domestic treasury, growth incentive consulting, asset consulting, employee benefits administration, healthcare consulting, short-term insurance, asset management, stockbroking and portfolio management and wealth and financial planning and more recently, a range of transactional banking services.
How we do business
The Group is structured into distinct, yet closely interactive divisions, namely entrepreneurial, corporate, commercial, institutional and private clients. Sasfin partners with each and every client, acting with respect and honesty, to offer tailor-made solutions to meet business challenges.
Sasfin believes that a client-centred, personalised relationship with our clients is absolutely essential to deliver the correct financial solution. This enables Sasfin to be “a partner beyond expectations†in its chosen markets. The five divisions â€" Business Banking, Transactional Banking, Capital, Wealth Management and Commercial Solutions â€" offer a range of specialised products and services to assist clients with their business and individual financial requirements.
Vision
To drive balanced economic growth by partnering with investors, entrepreneurs and corporates.
Mission
To be a specialist, multiline banking and financial services partner that exceeds its clients’ expectations.
Values and behaviours:
Integrity
Sasfin operates with the utmost honesty, ensuring that ambition is always tempered by the highest moral standards.
Sasfin seeks to uplift the communities in which it operates, recognising the importance of sustainability through projects that enhance the lives of others.
Respect
Sasfin treats its clients, colleagues and communities with the utmost respect.
Greatness
Sasfin strives for greatness, driven by the aspirations of individuals through their dedication, innovation and excellence.
Sasfin looks for the potential in its employees, clients and partners, realising that greatness often comes from unexpected places.
Sasfin conducts its business with an entrepreneurial spirit, always seeking new opportunities to contribute to a healthy, growing economy.
Partnership
Sasfin strives to be a partner beyond expectations, always seeking solutions that enhance its service, through beneficial offerings to its clients.
Sasfin recognises that no individual is greater than the team.
Our target markets
Sasfin’s target markets have evolved over the years as follows:
At the time of Sasfin’s listing in 1987, its target market, as a trade and equipment financier, was the business market.
Following the granting of our banking license in 1999 and our acquisition of the private client stock broking, financial planning and corporate finance businesses of Frankel Pollak (now SasSec), Sasfin was also able to serve high-net worth individual and corporates.
With the development of Asset Consulting and the acquisition of a fixed income team in 2013, Sasfin began servicing institutions.
Sasfin will soon start to offer high-net-worth individuals and business markets Transactional Banking capabilities.
History
Chief Executive Officer Roland Sassoon’s father established his business in Norwood in Johannesburg in 1951, and Roland joined his father in the family business when he was 17 years old. By that time, the business evolved from textile importing to a small-scale trade and debtor financing company, growing steadily in stature to see Sasfin become listed on the Johannesburg Stock Exchange in 1987. To continue growing the business, in 1991 Sasfin took the groundbreaking step of securitising its equipment finance book. Securitisation was not only the springboard for Sasfin, but has become also a cornerstone of the business and it is the oldest running securitisation vehicle in the country.
The next major development phase came with the granting of a banking licence â€" opening the doors for Sasfin to raise capital by means of direct deposits and leading to the acquisition of the reputable stockbroking firm of Frankel Pollak, which is now known as Sasfin Securities. This move injected a broad client base of high-net-worth individuals who became an additional source of significant deposits into Sasfin â€" and those clients remain with Sasfin to this day. In fact, in many cases, Sasfin is advising and managing wealth for the third generation within client portfolios.
Sasfin continued to grow by taking innovative steps such as injecting capital into businesses for an equity stake holding instead of merely lending money to fund a company’s development. In 2009, the International Finance Corporation, a member of the World Bank Group, invested as a shareholder in Sasfin and partnered with Sasfin to stimulate growth in the South African economy.
The future
Sasfin is creating the critical mass necessary for each unit to be optimally viable to deliver on Sasfin’s specialist, multiline banking and financial services offerings, without compromising on quality.
Durban
Physical Address
6, The Terrace
Westway Office Park
Spine Road
Westville
3630
Postal Address
PO Box 2771
Westway Office Park
3635
Contact Details
Tel: +27 31 271 8750
Fax: +27 31 265 1296/ 1297
E-mail: info@sasfin.com
|