Capitec Bank ☆ Watch
About Capitec Bank
Capitec Bank is South Africa's largest bank by customer numbers, having disrupted retail banking with a simple, low-cost, single-account model and long branch hours. It serves millions of clients with everyday transacting, savings, credit and, increasingly, insurance and business banking (following its acquisition of Mercantile). A JSE Top 40 company and one of the market's great long-run growth stories, Capitec has consistently taken market share from the traditional big banks through cheaper fees, strong digital banking and aggressive client growth. Its earnings come from transaction fees, lending margins and a fast-growing funeral-insurance and value-added-services business.
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