Capitec, South Africa’s leading digital bank, has launched a new, simplified fee structure for 2025. The revised fees make banking more affordable and accessible for clients. By reducing costs for key ...
Capitec has launched its Simple Fees campaign, an initiative built around an ‘1, 2, 3, 6, 10’ fee structure and a heartwarming jingle sung by the children of Capitec employees, making banking fees ...
Capitec Group – South Africa’s largest bank by customer numbers, with about 25 million clients – has begun drafting an international strategy to guide a gradual push into other African markets and ...
Capitec says it is considering opening the taps to “certain pockets” after aggressively cutting back its lending over the past year – but customers should not expect easy access to credit. The group ...
R102.95 versus R360.00. That stark price difference - for essentially the same R50,000 funeral cover product - isn't merely an aggressive pricing strategy. It represents a fundamentally different ...
Earnings Per Share: Increased by 30%. Headline Earnings: Up 30%. Net Interest Income After Impairments: Grew by 54%, approximately ZAR3 billion increase. Revenue Composition: 33% from credit, 67% from ...
Capitec customers were left in the lurch on Friday morning as the bank experienced nationwide technical issues with ATMs and online transactions not working. The bank ...
Capitec, South Africa’s leading digital bank, has announced strong results, with earnings up 16% to R10.6 billion for the year ended 29 February 2024. The group realised 25% growth in the second half ...
JOHANNESBURG, April 12 (Reuters) - Capitec Bank (CPIJ.J), opens new tab reported an 84% rise in its annual profit on Tuesday, joining a slew of South African lenders who benefited from an upswing in ...
Capitec, South Africa’s most popular bank in terms of customer base, has revealed that its AI-driven security systems alongside human teams have “prevented more than R300 million in client fraud this ...
Benguela Global Fund Managers (Pty) Ltd. wrote to Capitec Bank Holdings Ltd. earlier this month questioning its loan practices, even before a short seller alleged the South African lender was ...
Capitec Connect, the bank’s mobile virtual network operator (MVNO), experienced a 76% jump in clients for the six months to the end of August. The MVNO division, together with value-added services ...