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Capitec grows client base to 12.6-million

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Capitec has delivered on expectations. The group's reported a 20% rise in interim profit this as the lender grew its customer base by 200 thousand per month during the period, and saw a smaller impairment charge. The company's gross loan book however is up by 17% while the gross credit card book having grown 71%. Business Day TV caught up with the Company's CEO, Gerrie Fourie to discuss the numbers and Capitec's place in the current banking landscape.
26 Sep 2019 2AM English South Africa Business · Business News

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