Capitec sees a reduction in bad debt
The bank said tighter credit criteria meant lower bad debt in the second-half compared to the first
08 March 2024 - 16:21
Capitec has issued a voluntary trading statement that shows headline earnings per share (HEPS) will increase 14%-16% for its year to end-February, as it saw a reduction in bad debt.
Its share rose as much 4.74% on the news and by 3.30pm was up 4.39% to R2,124.28...
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