Making business banking more accessible
Capitec disrupts business banking by charging the same as personal banking.
Source: moneyweb.co.za
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Capitec disrupts business banking by charging the same as personal banking.
As part of its R1.4 billion investment in strategic projects, the bank bolsters its mobile platform and cloud services.
Fee difference on typical basket of transactions could be over 85%.
SA's biggest digital bank, Capitec, has announced their 2022 financial results, reporting 15% growth despite the tough economic climate.
Capitec’s CEO, Gerrie Fourie, says the increase in credit impairments is due mainly to the deteriorating economy and the impact of higher inflation on clients.