Standard & Poor's Ratings Services has a stable outlook on South Africa-based Capitec Bank Ltd (Capitec).
S&P's stable outlook on South Africa-based Capitec Bank Ltd (Capitec) reflects their expectations that Capitec's normalized credit losses will stabilize at between 10.5% and 11.0% over the next 12 months, loan growth will moderate at about 10%, and profitability will continue to compare well with that of sector peers.
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