Tag: Capitec Bank

Capitec
BusinessHot News

Capitec sells rental finance unit to Sasfin in $4 million deal 

Capitec sells rental finance unit to Sasfin for $4 million as the bank sharpens focus on core banking operations.

Timilehin Adejumobi Timilehin Adejumobi
Graham Lee, CEO of Capitec
BusinessHot News

South African executive Graham Lee’s pay at Capitec hits $3 million in 2026

Capitec CEO Graham Lee's pay reaches $3 million as the South African lender posted record profit and client growth.

Timilehin Adejumobi Timilehin Adejumobi
South African billionaire Michiel Le Roux.
Hot NewsBillionairesBusiness

South African billionaire Michiel Le Roux loses $300 million despite Capitec’s growth

The decline follows a strong 2025, when Le Roux’s net worth surged by $1.6 billion alongside a broad rally in Capitec Bank shares.

Omokolade Ajayi Omokolade Ajayi
Capitec Bank
Hot NewsBusiness

South Africa’s Capitec profit tops $1 billion as customers reach record 26 million

Capitec posts its first annual profit above $1 billion as its clients rise to a record 26 million, driven by lending and digital services.

Omokolade Ajayi Omokolade Ajayi
Capitec Bank
Hot NewsBusiness

Capitec’s market cap tops $30 billion, regains title as Africa’s most valuable bank

Capitec Bank’s market cap climbs above $30 billion, reclaiming its position as Africa’s most valuable lender after share price gains in Johannesburg.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

FirstRand tops Capitec as Africa’s most valuable lender, eyes Ghana and Nigeria

FirstRand surpasses Capitec as Africa’s top lender, targeting growth in Ghana, Nigeria, and broader regional markets.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Capitec edges FirstRand to become Africa’s most valuable bank as earnings seen up to 25%

Capitec Bank becomes Africa’s top bank as shares rise and earnings are expected to jump 25 percent.

Omokolade Ajayi Omokolade Ajayi
Capitec-head-office
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Capitec readies new SMME loan offering to fuel expansion

South African lender doubles down on its ambitions to serve the country’s six million formal and informal small businesses.

Timilehin Adejumobi Timilehin Adejumobi
FirstRand
BusinessHot News

FirstRand tops Capitec to become Africa’s most valuable bank

With a market cap of $22.9 billion, FirstRand overtakes Capitec as Africa’s most valuable bank, driven by strong earnings and disciplined management.

Omokolade Ajayi Omokolade Ajayi
Capitec Bank
BusinessHot News

Capitec Bank: South Africa’s $19 billion retail banking giant with 22.1 million customers

Founded in 2001, Capitec has grown into Africa's largest retail bank by market size, assets, and customer base.

Omokolade Ajayi Omokolade Ajayi