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Capitec Bank is a South African retail bank and financial services company. [2] As of February 2024 the bank was the largest retail bank in South Africa, based on number of customers, with 120,000 customers opening new accounts per month.
African Bank Limited, ... The original African Bank Limited, was established on 31 July 1975, ... Capitec Bank Limited: 1.00. Total: 100.00.
This is a list of commercial banks and other credit institutions in South Africa, as updated late 2024 by the Reserve Bank of South Africa. [ 1 ] [ 2 ] List of commercial banks
Michiel Scholtz du Pré le Roux (born 20 May 1949) is a South African billionaire businessman and philanthropist who co-founded Capitec Bank. He was the bank's inaugural chief executive officer from 2001 to 2004 and later served as its chairman from 2007 to 2016. One of South Africa's richest men, he is also a major donor to the Democratic Alliance
The bank was founded in Republic of South Africa in 1965. It obtained a banking licence in 1989; [6] and became a fully owned subsidiary of Mercantile Bank Holdings Limited, a bank holding company incorporated in January the same year. [3] In 1995, the bank merged with Bank of Lisbon International (BLI) – a bank established in 1965.
African Bank Limited; Capitec Bank; FirstRand Bank; Investec; Nedbank; Standard Bank [24] Development Bank of Southern Africa; Sudan
Pages in category "Banks established in 2001" ... Capitec Bank; Central Bank of Montenegro; Credexbank; D. Dar es Salaam Community Bank; DZ Bank; E. Eastern Savings ...
The World Bank classifies South Africa as an upper-middle-income economy, and a newly industrialised country. [1] [2] Its economy is the largest in Africa, and the 34th-largest in the world. [3] In terms of purchasing power parity, South Africa has the seventh-highest per capita income in Africa.