Posted on January 3rd, 2010 by Cobus
Bayport’s lending practices meet all the legislative and regulatory requirements in every single country where the company is active. Bayport Financial Services’ lending has to be responsible in order for us to fulfil our role as an upstanding member of society.
In order to reach all our customers with our unsecured credit services, Bayport Financial Services have many branches and mobile units that meet the needs of the people where they are, even if it is in a remote location. Bayport’s lending services include many products, specifically designed to empower people to pursue economic opportunities and shape their own destinies through responsible access to credit.
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Posted on January 3rd, 2010 by Cobus
Bayport lending practices conform to the highest regulatory and ethical standards. Bayport Management Limited establishes the guidelines to which Bayport Financial Services adhere, as well as the standards, framework and principles according to which the entire Group operates.
Bayport Financial Services’ business philosophy is extremely flexible and Bayport lending is tailored and adapted to meet the specific needs of the people in the market where it operates, whether it is South Africa, Uganda, Tanzania, Ghana or Zambia. Bayport’s successful credit approach has benefited thousands of people in Africa and have empowered them to build their futures and take their destinies into their own hands.
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Posted on January 3rd, 2010 by Cobus
Bayport Financial Services’ management structure is both efficient and hand-on, which had ensured continued growth for the company. Bayport leadership (specifically Bayport Management Limited, the holding company based in Mauritius) focuses on investing in Bayport Financial Services on a country-by-country basis.
Bayport Management Limited also owns Bayport’s long- and short-term strategic planning and business philosophy. In addition, it sees to it that Bayport leadership maintains the highest standards of corporately responsible and ethical lending practices and it oversees Bayport operations. Bayport Management Limited also serves as the Group’s corporate office and manages Bayport Financial Services’ funding, treasury requirements and regulatory compliance.
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Posted on January 3rd, 2010 by Cobus
Bayport Financial Services have grown ever since the company’s inception. Bayport in Africa has become a large player in the field of unsecured credit; in fact, Bayport is active in South Africa, Ghana, Tanzania, Zambia and Uganda.
Bayport Financial Services was established in 2002 and Bayport in Africa empowers people to empower themselves by giving them access to responsible unsecured credit. Bayport is a Pan-African group and its non-listed holding company – Bayport Management Limited – is domiciled on the island of Mauritius. Bayport is driven by an entrepreneurship philosophy, which forms the centre of its leadership ethos. This has been a key driver of growth.
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Posted on January 3rd, 2010 by Cobus
Bayport Financial Services have been experiencing phenomenal growth since its inception. We have been expanding the Bayport infrastructure and now have 235 branches in five African countries. The extensive Bayport infrastructure has enabled us to reach our clients wherever they are.
In addition to the far-reaching Bayport infrastructure, our credit and risk assessment competency leads the market, our information technology platform is best-of-breed and our funding structure is securitised. These measures have been responsible for encouraging growth and have brought Bayport Financial Services a commanding market share, which has not come at the expense of credit quality; in fact, our credit quality is still setting the trend for the industry.
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