We’ve employed another 1000 people in the past six months.— Gerrie Fourie, Capitec Bank CEO
We have branches that are open until 10pm.— Gerrie Fourie, Capitec Bank CEO
70% to 80% of our new customers switched from another bank.— Gerrie Fourie, Capitec Bank CEO
Capitec Bank increased its active client numbers by 648 000 to a total of 7.9 million in the six months to the end of August.
This is the fastest rate of client acquisition in the company’s history.
The “Best Bank in the World”, according to international banking advisory group Lafferty, reported 19% growth in headline earnings to R1.75 billion.
A whopping 22.4% of banked South Africans now use Capitec Bank as their primary bank, according to a December 2015 AMPS survey.
Capitec Bank has the lowest fees in South Africa, according to the 2015 Solidarity Research Institute (SRI) Bank Charges Report.
The Money Show’s Bruce Whitfield interviewed Capitec Bank CEO Gerrie Fourie.
Scroll down for more quotes from the audio below.
We’ve cut back on the risk we’re taking on loans in the last year.— Gerrie Fourie, Capitec Bank CEO
We don’t see the economy changing in the next 12, 18, 24 months.— Gerrie Fourie, Capitec Bank CEO
It takes us about 15 or 20 minutes to open an account.— Gerrie Fourie, Capitec Bank CEO
We’re bigger than Nedbank, if you look at the number of branches.— Gerrie Fourie, Capitec Bank CEO
Recommendedby NEWSROOM AI
6 most-read, most-talked-about business articles of the past week.
Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.
Ray White interviews Clark Gardner, the consumer champion who last year exposed Lewis Group’s unlawful credit practices.
It’s South Africa's cheapest bank and offers great interest rates. It also has the best service of all, according to customers.
About 100 000 clients join each month and, as a result, earnings are booming. We interview CEO Gerrie Fourie…
Ethiopia is one of the few countries using a calendar different from the conventional calendar most countries are accustomed to.
Social Media Law Expert, Emma Sadleir, says the Randburg court has issued a protection order for the Kumalo's.
Political analyst Prince Mashele talks about the ANC NEC meeting contradicting messages stemming from this.
The Money Show’s Bruce Whitfield interviews the famed and fearless journalist about his money history, hopes and beliefs.
SA Institute of Race Relations media head Micheal Morris says politicians must be cautious of such divisive statements they make.
Show host Eusebius McKaiser says EFF's leader Julius Malema's comments on Indians are grossly unacceptable and irresponsible.
Stage 1 load shedding has been declared nationally. The City of Cape Town has urged residents to take note of the schedules.
Media law guru Emma Sadleir warns employees online that there are many potential events that could bring a company into disrepute.
The run takes place from 5 - 8 December along the N1 from Rawsonville to Beaufort West - a hunting ground for child traffickers.