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October 13, 2015 11:29 PM ET

Consumer Finance

Company Overview of Woolworths Financial Services (Pty) Ltd.

Company Overview

Woolworths Financial Services (Pty) Ltd. offers consumer finance services to the retail store network. The services include store and credit cards, personal loans and insurance products. Woolworths Financial Services (Pty) Ltd. is based in Cape Town, South Africa. As of October 1, 2008, Woolworths Financial Services (Pty) Ltd. operates as a subsidiary of Barclays Africa Group Limited.

SRG House

1 Mostert Street

Cape Town,  8001

South Africa

Founded in 2000


27 86 150 2005


27 21 407 9679

Key Executives for Woolworths Financial Services (Pty) Ltd.

Chief Executive Officer
Age: 47
Compensation as of Fiscal Year 2015.

Woolworths Financial Services (Pty) Ltd. Key Developments

Woolworths Financial Services Reports Earnings Results for the Year Ended June 30, 2015

Woolworths Financial Services reported earnings results for the year ended June 30, 2015. For the year, net interest income grew by 15.5% and operating costs were 1.1% lower, resulting in a 21.9% increase in profit before tax. Return on equity was 26.6% compared to 24.3% a year ago, above the medium-term target of 22.0%. Profit before tax-adjusted was ZAR 1,492 million.

Woolworths Financial Services Reports Earnings Results for Six Months Ended December 28, 2014

Woolworths Financial Services reported earnings results for six months ended December 28, 2014. For the period, the company’s net interest income grew 16.9% and operating costs reduced by 4.0% providing for a 34.7% increase in profit before tax. Return on equity remains at 29.4%.

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