WATCH: How Capitec has grown its client base
Capitec CEO Gerrie Fourie talks to Business Day TV about the bank’s the interim results
Capitec has delivered on expectations, reporting a 20% rise in interim profit.
Its customer base increased by 200,000 clients a month during the period and it also reported a smaller impairment charge.
The company’s gross loan book, however, is up 17%, while the gross credit card book has grown by 71%.
Business Day TV caught up with CEO Gerrie Fourie to discuss the interim results.
Or listen to the full audio: