Specialist banking and financial services group niched in the entrepreneurial corporate, commercial and private client markets.
Company Press Releases »
SASFIN posts 23,7% increase in headline earnings 11 Sep 06 | Read More » â€¢ Headline earnings per ordinary share 404 cents: 23,7% increase
â€¢ Return on ordinary shareholders' average equity: 31,2%
â€¢ Efficiency ratio improved from 61,1% to 57,9%
â€¢ Group risk-weighted capital adequacy: 37%
â€¢ Return on total average ...
Sasfin completes a second R100-million preference share issue 07 Jun 06 | Read More » Sasfin Holdings has raised another R100 million from the issue of 905 000 preference shares to investors at an issue price of R110. 50 per share, paying an effective preference dividend rate of 70% of prime. Sasfin CEO Roland Sassoon says the purpose of the preference share ...
Sasfin Acquires PIB Financial Services 23 Apr 06 | Read More » Sasfin is pleased to announce the expansion of its personal wealth management offering through the recent acquisition of PIB Financial Services (Pty) Ltd (PIB), a well-established financial and investment planning consultancy. PIB, a business owned and managed by Gavin ...
Sasfin delivers 50% increase in heps at interim stage 02 Mar 06 | Read More » Press Release:
* Headline earnings per share up 50% to 207,1 cents
* Total assets up 22% to nearly R2 billion
* Profit after tax up 65% to R61,9 million
* Efficiency ratio improved 11% to 56,4%
* Return on ordinary shareholders average equity increases to 37,4%
An annuity covering one person. A straight life annuity provides payments until death, while a life annuity with a guaranteed period provides payments until death or continues payments to a beneficiary for a guaranteed term, such as ten years.