Capitec doubles dividend as digital client base rises above 10-million 🔒
Capitec, SA's third biggest bank by market value, says its focus on lower-fee digital banking continued to pay off in its year to end-February when its client base grew by double digits and profits surged by more than three quarters.
Active clients grew 14% to 18.1-million in the year to end-February, the bank said on Tuesday, with headline earnings rising 84% to R8.4bn, one third higher than pre-pandemic levels...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Capitec doubles dividend as digital client base rises above 10-millionCapitec doubles dividend as digital client base rises above 10-million 🔒
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