Capitec Bank (‘best bank in the world’) adds 106 000 clients per month

(Also read "Capitec Bank named ‘best bank in the world’ - for 2nd year running!".)

(Also read "Capitec Bank has best digital offering in South Africa".)

Capitec Bank grew its headline earnings to R2.05 billion – up from R1.75 billion - for the current six month period.

The bank now has 9.2 million active clients and 811 branches.

This represents client growth of 106 000 per month over the last 12 months.

Capitec Bank employs 13 532 people, up from 12 479 a year ago.

It has the best banking app in South Africa, according to the SITEisfaction® 2017 survey.

According to international banking advisory firm Laferty Group, it is the best bank in the world for the second consecutive year.

Ray White (in for The Money Show’s Bruce Whitfield) interviews Capitec Bank CEO Gerrie Fourie.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

82% of our staff are under the age of 35.

Gerrie Fourie, Capitec Bank

Simplicity is very important.

Gerrie Fourie, Capitec Bank

We don’t look at where other banks are operating.

Gerrie Fourie, Capitec Bank

The way you say ‘no’ is important.

Gerrie Fourie, Capitec Bank

We think 90% to 95% of South Africans should bank with us.

Gerrie Fourie, Capitec Bank

We need radical growth in South Africa… What we need now are jobs…

Gerrie Fourie, Capitec Bank

In 2000 there were about 50 or 60 people working for Capitec Bank.

Gerrie Fourie, Capitec Bank

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Capitec Bank (‘best bank in the world’) adds 106 000 clients per month


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Venezuela inflation rate expected to top 1 000 000% by year-end

Venezuela inflation rate expected to top 1 000 000% by year-end

Venezuela – once as rich as Norway – is suffering an apocalyptic collapse without precedent.

What is a hedge fund?

What is a hedge fund?

The Money Show’s Bruce Whitfield interviews Fairtree Capital Portfolio Manager Jean-Pierre Verster.

We have made progress in delivering on our promises to Marikana – Lonmin CEO

We have made progress in delivering on our promises to Marikana – Lonmin CEO

The Money Show’s Bruce Whitfield interviews Lonmin CEO Ben Magara.

4 tips for safely investing right now when everything is so hectic

4 tips for safely investing right now when everything is so hectic

Bruce Whitfield asks Personal Financial Advisor Warren Ingram for advice on how investors can safely navigate this hectic time.

Capitec Bank named ‘best bank in the world’ (for 2nd year running!)

Capitec Bank named ‘best bank in the world’ (for 2nd year running!)

South Africa’s most affordable bank is still the best in the world, according to international banking advisory group Lafferty.

Capitec Bank comes out tops

Capitec Bank comes out tops

A new survey shows the not-so-small-anymore bank has the best digital banking offering in South Africa.

Popular articles
Survivor winner Tom Swartz vows to buy his wife 'new boobies and a family house'

Survivor winner Tom Swartz vows to buy his wife 'new boobies and a family house'

Swartz says he would have done anything to get the R1 million prize money.

'There is no way Magnus Malan could've done the things he is accused of'

'There is no way Magnus Malan could've done the things he is accused of'

Former police minister Adriaan Vlok has rejected accusations that former minister Malan was at the centre of a paedophile ring.

'He told me people would want to keep him quiet at any cost'

'He told me people would want to keep him quiet at any cost'

Journalist Gavin Evans says the late Mark Minnie spoke to him about his fears that those he exposed in his book might harm him.

How businessman Max Lichaba struck gold with his jewellery company

How businessman Max Lichaba struck gold with his jewellery company

Entrepreneur Max Lichaba built his own empire and is the CEO of Lichaba Creations and several other businesses. This is his story.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.