Sasfin Holdings Limited operates as a financial services group that operates in various sectors of the financial industry. The company provide a comprehensive range of financial products and services. The company offers a wide range of banking products, including transactional banking, lending, and deposit-taking services. The company also provides specialized financing solutions, such as asset-based finance, invoice discounting, and trade finance, to support the growth and development of busine...
Sasfin Holdings Limited operates as a financial services group that operates in various sectors of the financial industry. The company provide a comprehensive range of financial products and services. The company offers a wide range of banking products, including transactional banking, lending, and deposit-taking services. The company also provides specialized financing solutions, such as asset-based finance, invoice discounting, and trade finance, to support the growth and development of businesses. It offers brokerage services, including equities, derivatives, and fixed income trading, to institutional investors and high-net-worth individuals. The company's capital markets division also provides corporate finance and advisory services, assisting clients in raising capital, mergers and acquisitions, and other strategic transactions.
Business Segments
The company operates in three main business segments: Asset Finance, Business and Commercial Banking, and Wealth.
Asset Finance
This segment provides finance contracts for equipment through installment sales, lease facilities, or rental finance. The company offers a range of financing options to businesses and individuals for the acquisition of equipment. This includes financing for various types of equipment, such as vehicles, machinery, and technology.
Business and Commercial Banking
This segment offers a wide range of banking options for businesses and individuals. It includes transactional banking services, such as business accounts, investment accounts, and personal accounts. The segment also provides forex and forex risk solutions, unsecured lending, and specialized lending services for commercial properties, trade finance, and debtor finance.
Wealth
This segment encompasses all divisions related to wealth management. It includes services such as asset management, portfolio management, stockbroking, fiduciary services, financial planning, wealth advisory, and asset consulting.
Loans
The company provides loans to customers for various purposes, such as working capital, investment, and financing activities.
Investment Portfolio
The company's investment portfolio consists of various investment securities that are classified and measured at fair value through profit or loss. These investment securities include investments at fair value through profit or loss, listed equity investments, private equity investments, property equity investments, and a multi-asset fund.
Deposits
The company's deposits can be categorized into various types, including demand deposits, savings deposits, and time deposits. Demand deposits are funds that can be withdrawn by the customer at any time without any notice or penalty. Savings deposits are funds that earn interest and typically have certain restrictions on withdrawals. Time deposits, also known as certificates of deposit (CDs), are funds that are deposited for a fixed period of time and earn a higher rate of interest than savings deposits.
History
Sasfin Holdings Limited was founded in 1951. The company was incorporated in 1987.