Posted on February 18th, 2010 by Cobus
Bayport risk mitigation measures have proven very successful in Africa. The African financial market is relatively immature and a unique approach was called for, if its considerable potential were to be realised. Bayport Financial Services had realised this from the outset and our unique approach, called “The Bayport Way”, has resulted in success where other financial services companies have failed.
There are numerous Bayport risk mitigation measures and our collection arm is also our local partners, like employers and trade unions, who deduct owed monies from employees’ wages and forward it to Bayport, ensuring high credit quality and very low bad debts.
Filed under: South Africa | No Comments »
Posted on February 14th, 2010 by Cobus
A bright Bayport future seems certain, even if our company was only established in 2002 and has had a relatively short past. Bayport Financial Services has experienced encouraging success and growth ever since.
A Bayport future that holds even more promise is envisaged through the continued implementation of “The Bayport Way”, which is how we conduct our business. This approach has worked exceedingly well in the relatively immature African financial market. Partnerships with local trade unions and employers have given us a sound understanding of locals’ customs and attitudes towards credit. Bayport Financial Services endeavours to reach even more Africans with responsible, affordable, unsecured credit.
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