Is sasfin part of Standard bank?
Is sasfin part of Standard bank?
Sasfin and its subsidiaries, notably Sasfin Bank Limited, provide a comprehensive range of specialist financial products and services for Business and Wealth clients. Sasfin is currently led by CEO Michael Sassoon, and is headquartered in Johannesburg, South Africa.
Who is the CEO of sasfin?
Michael Sassoon
Board of Directors
| Michael Sassoon Chief Executive Officer & Executive Director | Sasfin Holdings Ltd., Sasfin Bank Ltd. |
|---|---|
| Roland D. Sassoon Non-Executive Director | Sasfin Bank Ltd., Sasfin Securities (Pty) Ltd., Sasfin Holdings Ltd. |
What does Sasfin do?
Sasfin is a bank-controlling company that provides a comprehensive range of specialist financial products and services for Business and Wealth clients. Our financial products and services focus on the needs of entrepreneurs, corporates, institutions, and high-net worth individuals.
Who founded sasfin?
“It’s been a great experience, and challenging,” says Sassoon the younger from Sasfin’s Johannesburg offices. Now, however, the bank is going through cultural change as it adapts to life sans its founder, described by Michael Sassoon as “a force of nature”.
Is sasfin listed?
Our history. Sasfin was established in 1951 as a textile trading business. Sasfin listed as a trade and equipment financier on the JSE in 1987. Following the listing, Sasfin established SASP in 1991 – the oldest standing securitisation vehicle in South Africa.
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Who is the current chairman of Sasfin Holdings?
“Roland Sassoon has, over the last five decades, led the transformation of what was a small family textile-trading business into Sasfin Holdings as we know it today,” chairman Roy Andersen said on Monday. Today, the group is a specialised financial services group, focusing on small businesses and high-net-worth individuals.
Who are the members of the Sassoon family?
Roland joins Erol Zeki and David Edwards, respectively CEOs of Sasfin Wealth and Sasfin Capital, as a divisional head. With the Sassoon family holding a 40% stake in Sasfin, analysts said they had expected the handover.
What are the non financial products of Sasfin?
The non-financial products include tools for to an entrepreneur to run his business more effectively and hassle-free,” says Meagan Rabe, Head of Build the Bank at Sasfin.
How did Sasfin get its funding from FMO?
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.