Capitec has cemented its status as SA’s largest retail bank by customer numbers with the announcement that it has reached the 20-million clients milestone.

In an announcement celebrating its 22nd anniversary, Capitec said it now had more clients than the populations of either the Netherlands (17.53-million), Zambia (19.47-million) or Malawi (19.89-million). A total client base of 20-million would also suggest that Capitec’s client base is equivalent to almost 35% of SA’s population of 59.39-million people...

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