Sasfin Holdings posts loss amid Covid-19 pressure
The group’s credit-loss ratio almost tripled to 303 basis points in its year to end-June as Covid-19 put pressure on SA businesses
30 September 2020 - 12:48
Financial services provider Sasfin Holdings swung into a loss in the year to end-June, as it braced for further pressure on SA businesses as a result of Covid-19.
The group reported a headline loss of R48.1m in its year to end-June, from headline earnings of R161.3m previously, amid pressure on its private equity valuations and on its clients...
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