In 2017 WIPHOLD acquired a 25.1% stake in Sasfin Holdings. This partnership serves as an important driver for the future growth of WIPHOLD and is a key investment for realising the economic empowerment of black women.
WIPHOLD’s investment adds significant value, contributing to its transformation into one of the country’s most empowered banks from an ownership perspective. Sasfin provides WIPHOLD with greater operational presence in the sector; and a platform that can deliver strong returns over the long-term.
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Investment name:
Sasfin Holdings
Sector: Financial Services
Shareholding: 25.1%
Rationale for the investment:
To participate in the financial services sector through strategic investments
This partnership serves as an important driver for the future growth of WIPHOLD and is a key investment for realising the economic empowerment of black women.
In 2017 WIPHOLD acquired a 25.1% stake in Sasfin Holdings. This partnership serves as an important driver for the future growth of WIPHOLD and is a key investment for realising the economic empowerment of black women.
WIPHOLD’s investment adds significant value, contributing to its transformation into one of the country’s most empowered banks from an ownership perspective. Sasfin provides WIPHOLD with greater operational presence in the sector; and a platform that can deliver strong returns over the long-term.