Capitec Bank, founded on March 1, 2001, by Michiel Le Roux, has rapidly grown into South Africa’s second-largest retail bank. Known for its focus on individual customer services, it was publicly listed on the Johannesburg Stock Exchange in 2002. As of early 2023, Capitec serves over 20 million clients, with a network of about 860 branches and over 15,451 employees. The bank, which partners with international giants like Mastercard and Visa, holds shareholders’ funds of R25 billion, underlining its financial strength and market influence.
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