Capitec Bank Media Releases

We frequently issue media releases to communicate newsworthy consumer and investor information. Please feel free to browse the latest news from Capitec Bank.

Latest Consumer News

Capitec Addresses Late Deduction of Card Transactions
2013/01/08

Capitec Bank has confirmed that some of its clients have experienced late deductions of payments for transactions made during 13 and 18 December 2012. This was due to issues experienced from ABSA-supported card machines at select retailers where the card system is integrated into its till networks.

Top Ten Tips To Managing Your Moolah In 2013
2012/10/25

Just like Finance Minister Pravin Gordhan took an honest look at South Africa’s financial health during his Medium Term Budget Speech, so should you.

Capitec Unveils SA’s First Integrated ATM Cash Recycler
2012/07/26

Capitec Bank, South Africa’s youngest retail bank for individuals, unveiled its latest innovation, the ATM cash recycler at its new concept branch in Eikestad Mall, Stellenbosch yesterday.

Capitec Reveals Retail Store Concept at 500th Branch Launch in Morning Glen
2012/01/25

Capitec Bank, South Africa’s fastest growing retail bank for individuals, today revealed its new branch concept that was developed in partnership with the international retail designer Allen International at Morning Glen Mall, Johannesburg.

Capitec Bank Named Overall Winner At The Ask Afrika Orange Index Awards
2011/10/07

Innovative retail approach that puts the customer first cited for bank’s win

Capitec Sustains Solid Growth
2013/03/27

Capitec, who released their annual results today, continues to grow rapidly in the younger and higher income groups in South Africa.

Moody's affirms Capitec Bank Limited's A2.za rating; outlook changed to stable
2013/03/04

Moody's Investors Service has today affirmed Capitec Bank Limited's A2.za/ P-1.za national-scale issuer ratings, and changed the outlook to stable from positive.

Non-Executive Director Passes Away
2013/01/31

We are sad to announce the passing away of Professor Merlyn Mehl.

Change of PSG Shareholding in Capitec, Due to PSG's Debt Repayments
2013/01/09

Capitec Bank has confirmed that PSG Financial Services Limited (“PSG Financial Services”), a wholly owned subsidiary of PSG has, following a significant financial investment in Capitec shares when it exercised its rights in terms of the November 2012 Capitec rights offer (“rights offer”), disposed of a portion of its shareholding in order to repay debt raised in respect thereof.

Capitec Grows Transaction Clients and Reduces Price of Credit
2012/09/26

Capitec Bank, who released its six-month interim results today, continues to gain popularity among the younger and higher income groups who see value in its simplified offering.