ARTICLES RELATING TO CAPITEC BANK HOLDINGS

Capitec's 'ridiculous' interest rates

2013-07-01 16:40

Capitec answers a Fin24 user's accusation that she was charged exorbitant interest rates.

Capitec ups earnings, customers

2013-03-27 14:28

Capitec says diluted headline earnings per share jumped 47% in the year to end-February, helped by a surge in fees and higher income from loans.

Capitec clears up complaint

2013-02-15 06:55

Capitec replies to a Fin24 user who is unhappy about his loan situation.

Absa glitch behind Capitec chaos

2013-01-07 14:50

Capitec Bank has confirmed that all transactions debited late on its clients’ accounts were made at Absa-supported card machines.

Capitec eyes overseas growth

2012-09-26 15:25

Capitec has plans “to internationalise” SA’s fastest-growing low cost bank in the long term and India is one of the markets it could enter, says its CEO.

Capitec unveils ATM cash recycler

2012-07-27 09:36

SA's youngest retail bank Capitec Bank has introduced an innovative ATM which recycles cash at its new concept branch in Stellenbosch.

Drowning in debt

2012-03-23 07:34

As loans become easier, South Africans battle to stay afloat.

22seven gets FNB nod

2012-02-15 07:39

First National Bank is the first of the big four banks to allow new financial management service 22seven access to clients' accounts.

Capitec to place 4.6m new shares

2011-10-31 12:03

Capitec Bank says it intends issuing up to 4.6 million new ordinary shares of 1c each to increase its footprint in SA and boost its client base.

Battle for the bottom

2011-07-07 00:00

By the time South Africa’s big banks realised they were missing out on a feeding frenzy at the bottom end of the banking market, Capitec had 2m clients and was growing aggressively, courtesy of the active marketing of its offering as being the cheapest in the country.

 

I am not guilty, says ex-Capitec worker

2013-05-06 20:04

An ex-manager who is accused of obtaining crucial Capitec information to take with him to African Bank says he is not guilty of fraud, a court has heard.

Capitec forecasts higher earnings

2013-03-05 10:20

Capitec Bank shares surged more than 4% after the mass-market lender said that earnings for the year to end-February would rise by between 32% and 36%.

Viva Capitec!

2013-01-10 10:33

Fin24 user Jo-Anne Steenkamp records her experiences with major SA banks and explains why Capitec comes out on top.

Transport strike hits ATMs

2012-09-28 16:00

Capitec has warned clients in an SMS that the transport strike is limiting cash to ATMs and advised them to use their cards to transact.

Capitec boosts profit, to raise R2.25bn

2012-09-26 08:43

Mass-market lender Capitec Bank says it aims to raise R2.25bn through a rights issue to boost lending and fund growth in its branch network.

Capitec profit jumps on credit boom

2012-03-28 09:25

Mass market lender Capitec Bank has reported a 50% surge in first-half earnings on strong demand for unsecured loans, and says it will open 55 new branches this year.

Capitec reveals pricing for 2012

2012-03-11 12:07

Capitec has released its bank fees for the year and there are a few changes, but the monthly administration fee remains unchanged.

Capitec raises R798m in share placing

2011-11-02 08:28

Capitec Bank has raised R798.9m by way of a placing of 4 644 952 new ordinary shares of 1c each.

The Capitec effect

2011-08-04 00:00

Having flooded middle and upper income earners with credit ahead of the implementation of the National Credit Act (NCA) in June 2007, new data shows South African lenders have significantly grown their high margin unsecured lending books over the past year.

Whizz backs Brait

2011-06-23 00:00

If anyone’s been around the block a few times, it’s Christopher Seabrooke, the CEO of investment company Sabvest and non-executive director of Brait SA.

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