Capitec expands active client base by 15% and boosts digital platforms 🔒
People queue outside a Capitec branch. Picture: FREDDY MAVUNDA
On Thursday, SA’s biggest bank by customer numbers reported a 513% surge in headline earnings per share to R34.47 during the review period, as net transaction fee income rose 33% to R5.2bn. Capitec’s client base of 16.8-million equates to about 45% of the 35-million adults that banked in SA, CEO Gerrie Fourie has previously estimated. At least 8.9-million of its retail bank clients used digital channels during the review period, Capitec said in a statement.
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