Capitec Bank

The South African retail banking institution Capitec Bank With 120,000 new accounts opened each month as of August 2017, the bank was the second largest retail bank in South Africa. The bank provides its customers with the Global One account, which serves as both a transactional/savings account and a line of credit.

South African Customer Satisfaction Index (SAcsi) data from 2015 places Capitec Bank #1 in terms of customer satisfaction, with an index score of 82.2. International banking consultancy firm Lafferty has released its first-ever Bank Quality Rankings, and the winner is... Capitec Bank.

Over 5.5 million Capitec customers paid less than R50 in monthly bank fees in February 2017. Capitec Bank is worth $11.98 billion as of April 2023. Based on its current market capitalization, Capitec Bank is the 1299th most valuable corporation in the world. Capitec Bank's current revenue (TTM) is $1.75 billion, as of the most recent financial reports. The company's revenue of $1.75 billion in 2022 was up from the $1.52 billion it made in 2021.

Founded: 1 March 2001
Headquarters: 5 Neutron Street, Techno Park, Stellenbosch, Western Cape, South Africa
Website: www.capitecbank.co.za