Standard & Poor's Ratings Services has affirmed its rating on South Africa-based Capitec Bank Ltd (Capitec).
Capitec Bank Ltd.'s robust financial performance continues, despite low economic growth and acute pressures facing domestic households in South Africa.
As a result, S&P affirmed their ratings on Capitec Bank.
S&P’s negative outlook reflects South Africa's slowdown in economic growth, high inflation, and the positive interest rate cycle, which is placing additional pressure on financial institutions' asset quality and earnings.
Looks like you’ve got a bit of a thing for responsive design...
But you can keep trying to resize until you’re blue in the face. While this site is responsive, we use device recognition as well to make it fast on phones, so you'll need to check it on your phone to see the small-screen version.