BRIEF-Sasfin Holdings Says Continues To Experience Lower Lending Volumes And High Arrears

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BRIEF-Sasfin Holdings Says Continues To Experience Lower Lending Volumes And High Arrears

Nov 27 (Reuters) - Sasfin Holdings Ltd SFNJ.J :

* JSE: SFNP - SFN - TRADING UPDATE

* SASFIN HOLDINGS LTD - CONTINUES TO EXPERIENCE LOWER LENDING VOLUMES AND HIGH ARREARS

* SASFIN HOLDINGS LTD - EXPERIENCED INCOME GROWTH DUE TO ENHANCED MARGINS IN SASFIN BANK AND CONTINUED GROWTH IN SASFIN WEALTH AS WELL AS COST REDUCTION.

* SASFIN - CAPITAL ADEQUACY RATIO AND LIQUIDITY COVERAGE RATIO REMAIN HEALTHY AND, AT END OF SEPTEMBER 2020 WERE 17.284% AND 248.81% RESPECTIVELY

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