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Acquisition of Mercantile Bank Holdings Limited and Its Subsidiaries (“Mercantile”)

We are pleased to announce that the Minister of Finance and other Regulatory Authorities have formally approved Capitec’s purchase and acquisition of Mercantile Business Bank.

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Capitec Counter

Headline earnings per share

Up 20%

Active clients

12.6 million

Digital channel clients

6.8 million

Funeral plan policies

1 million

financial results

Find the audited financial results for the year ended 28 February 2019

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