Tag: Capitec Bank
Capitec launches its first full home loan offering
JSE-listed Capitec, South Africa’s largest retail and digital bank based on number of clients, has announced its foray into the home loan market in...
Capitec leaves rivals in the dust
Despite aggressive cuts to transaction fees in April, which resulted in a R227-million saving for clients, Capitec Bank still managed to report a 12%...
Capitec and Nedbank shortlisted to buy South Africa’s ninth largest bank
The Portuguese government has approved a shortlist of four potential buyers to participate in the second phase of the sale process of Mercantile Bank.
...
Capitec Bank now the largest bank in SA, survey finds
Capitec Bank is now the largest bank in South Africa in terms of the number of clients who use it as their main bank, according...
Capitec pulls ahead to be South Africa’s top bank
The Publisher Research Council (PRC) and market research firm Nielsen have launched a Publisher Audience Measure Survey (PAMS) which measures trends and data of readers of around 150 newspapers,...
Capitec shares rise on update, despite latest Viceroy attack
Capitec's share price yesterday shrugged off the latest salvo against the company by American short-seller Viceroy Research.
The bank’s share price instead took...
Who is Viceroy and why do their accusations matter?
Following Viceroy Research’s allegations against Capitec Bank, calling the bank a “loan shark”, we take a look at why these allegations matter and have...
Capitec reels on new Viceroy Report
Viceroy, the group that exposed accounting fraud at Steinhoff, has struck again.
After weeks of speculation about which SA firm it had in...
Capitec overtakes Nedbank, now SA’s fourth-largest bank by value
Capitec passed Nedbank as South Africa’s fourth-largest lender by value to extend a market-beating rally that has made it the country’s best performing stock.
The...
Capitec: The budget bank rattling South Africa’s financial sector
A budget bank is booming in South Africa’s economic slump, challenging the decades-long dominance of the “big four” lenders and prompting a price war...