Sasfin passes on interim dividend due to bad-debt expenses
The niche bank’s clients paint a mixed picture of the economic recovery
03 March 2021 - 18:35
Niche business bank and asset manager Sasfin has decided to pass on paying an interim dividend due to higher credit impairments from its largely small and medium business client base, which have struggled through the economic storm created by the Covid-19 pandemic.
Sasfin specialises in lending to and facilitating transactions for low-turnover businesses. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.