Business Day TV spoke to Kokkie Kooyman, banking analyst at Denker Capital
18 April 2023 - 16:24
byBusiness Day TV
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Capitec Bank at Southgate Mall in Johannesburg. Picture:Freddy Mavunda/Financial Mail
Capitec is seeing the pros and cons of the high interest-rate and high inflation environment. The lender has managed to grow headline earnings per share 15% but the group’s credit impairment charge on gross loans and advances has also nearly doubled.
Business Day TV discussed the performance with Denker Capital banking analyst Kokkie Kooyman.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Capitec reports 15% rise in profit
Business Day TV spoke to Kokkie Kooyman, banking analyst at Denker Capital
Capitec is seeing the pros and cons of the high interest-rate and high inflation environment. The lender has managed to grow headline earnings per share 15% but the group’s credit impairment charge on gross loans and advances has also nearly doubled.
Business Day TV discussed the performance with Denker Capital banking analyst Kokkie Kooyman.
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