Bayport Management Limited provides financial services. It offers short term loans for medical bills, funerals, weddings, family events, and pay off debts, as well as for farming and crop planting; medium term loans to pay school fees, purchase farming products, start or grow a business, and furnish homes; and long term loans to buy car and house, as well as for business investments. The company also provides loans to government and employees of private companies; cash loans to salaried government employees; and transacting services, insurance, and savings options. It serves customers through a network of branches in Botswana, Ghana, Mozambique, South Africa, Tanzania, Uganda, Zambia, Colomb...
Rue de L'Institut
Founded in 2001
Overseas Private Investment Corporation Enters into $250 Million Partnership with Bayport Management Ltd
Feb 2 16
Bayport Management Ltd. announced the closing of a $250 million senior debt facility with the Overseas Private Investment Corporation. The long-term loan will support the group's financial inclusion and growth agenda across its operations. Under the terms of the agreement, OPIC will provide financing in the form of long term debt that will enable BML to fund its strategic growth aspirations in Africa and Latin America, which includes organic expansion in existing countries and the development of a broader range of financial solutions in those markets. All of this activity will be underpinned by a custom-built new technology platform that is being developed in-house. Bayport delivers on its developmental objectives by making a broad spectrum of financial services accessible to people generally excluded from traditional banking and other life enhancing financial products.
Bayport Management Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
Nov 30 15
Bayport Management Limited reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company's net interest income was $40,220,769 against $47,699,630 a year ago. Net operating income was $43,547,513 against $38,126,089 a year ago. Profit before taxation was $11,784,016 against $29,223,165 a year ago. Profit for the period was $8,389,253 against $27,488,471 a year ago. Profit for the period attributable to owners of the company was $7,980,275 against $27,193,424 a year ago. Basic and diluted earnings per share were $0.26 against $1.12 a year ago.
For the nine months, the company's net interest income was $124,864,045 against $141,622,087 a year ago. Net operating income was $132,369,341 against $124,992,887 a year ago. Profit before taxation was $37,991,571 against $50,141,070 a year ago. Profit for the period was $27,003,097 against $41,056,359 a year ago. Profit for the period attributable to owners of the company was $28,210,666 against $40,607,408 a year ago. Basic and diluted earnings per share were $1.05 against $1.69 a year ago. Net cash used in operating activities was $85,272,626 against $83,711,118 a year ago. Purchase of property, equipment and intangible assets was $4,834,102 against $3,717,736 a year ago.
Bayport Management Limited Presents at 13th Annual African Capital Markets Conference, Nov-26-2015 04:00 PM
Nov 23 15
Bayport Management Limited Presents at 13th Annual African Capital Markets Conference, Nov-26-2015 04:00 PM. Venue: Cape Town International Convention Centre (CTICC), Convention Square, 1 Lower Long Street, Cape Town, 8001, South Africa. Speakers: David Rajak, Head of the Capital Markets and Investor Relations.