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| Wesbank new head office in Fairland |
WesBank is South Africa’s largest provider of car loans and car insurance solutions, financing 1 in 3 new cars sold. It also operates in the unsecured lending market through the Direct Axis. WesBank is the controlling shareholder in MotoNovo Finance, the UK asset finance company that focuses on vehicle finance and consumer loans. WesBank has a presence in other African countries including Namibia, Kenya, Nigeria, Botswana, Lesotho, Mozambique, Swaziland, Tanzania and Zambia. The company was established in 1968 and is headquartered in Fairland, a residential suburb in northern Johannesburg. Wesbank operates as a division of FirstRand Bank Limited, a wholly owned subsidiary of the FirstRand Group.
Principal activities:
Vehicle and asset finance
Fleet Finance and Fleet Management services
Finance for expensive capital equipment for business
Import finance
Insurance and value added products (personal insurance, vehicle insurance, leisure insurance, personal loans)
Financials (R billion)
| 2017 | 2016 | |
| Total assets | 170.523 | 168.366 |
| Profit before tax | 3.214 | 3.545 |
| Total liabilities | 167.327 | 164.912 |
Head Office address:
Enterprise Road
Fairland, Johannesburg
2170 South Africa
Phone number: (011) 632 6000
Hours: Monday - Friday, 8:00 am - 17:00 pm
Saturday, 8:00 am - 12:00 pm
Website: www.wesbank.co.za