Capitec Bank gains 1.2m clients in 6 months. 'We're hiring, not retrenching!'
We’re fortunate to be growing, continuously hiring new employees and not retrenching… Our implementation of technology in the business has not posed a threat to jobs…Capitec Bank
Capitec Bank gained 1.2 million new clients in the past six months.
The Stellenbosch-based bank now has 12.6 million active clients.
The bank increased its profits by 20% (to R2.9 billion).
It released its results for the half-year to 31 August 2019 on Thursday.
Capitec Bank plans to open 17 new branches in the next six months.
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This article first appeared on 702 : Capitec Bank gains 1.2m clients in 6 months. 'We're hiring, not retrenching!'
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