DStv Channel 403 Monday, 02 December 2024

Capitec Results | Bank grows customer base but flags struggling consumers

JOHANNESBURG - Capitec continues to be the gift that keeps on giving in the banking space. 

In its latest results, Capitec reported that it grew its active client base and saw an increase of headline earnings by 16 percent. 

READ: Capitec results | Profits up but loan repayments take a hit

But like many in the sector, the bank did feel the strain of its customers.  

Capitec CEO, Gerrie Fourie had a discussion with eNCA's Gareth Edwards.

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