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Sasfin Annual Results with CEO Roland Sassoon


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Sasfin's profit for the year to end June was down 18 percent at R114 million as high impairment charges and fair value write downs impacted some of the non-banking operations. The bank, however, grew its loan book by 23 percent to 2.3 billion rand.

Whilst its credit loss ratio reduced to 0.7 percent. Sasfin also announced its acquisition of a 43 percent stake in financial and business services group IQuad Group. ABN’s Alishia Seckam speaks with company CEO, Roland Sassoon.




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