CAPITEC OVERTAKES FIRST RAND
Capitec has officially overtaken FirstRand to become South Africa’s most valuable bank, with a market value of R424-billion.
Once dismissed as a small microlender, Capitec has transformed into a financial giant, attracting more than 24 million clients and expanding to nearly 900 branches and 9,000 ATMs nationwide.
Its bold move into business banking, including the acquisition of Mercantile Bank, has boosted growth.
Investors are drawn to its consistent innovation, earnings that climbed from R2.5-billion in 2015 to R13.7-billion, and its strong appeal to the youth market, where it dominates with 11 million clients under 35.
(Pictured - Capitec CEO, Graham Lee)
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A man can be emotionally shattered, mentally exhausted, financially ruined, and spiritually drained, but if he’s still showing up, no one notices. Society doesn’t check his mental health, only his performance. Utility over humanity. Every time
Men who can’t attract women easily are very dangerous…
Those brothers who grew up struggling to get bums.
Their hunger for vigana and lack women in their lives..
They would easily sell you out in difficult times … to get in good books women 🤧