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Capitec Bank

Capitec Bank
Leadership team

Mr. Gerhardus Metselaar Fourie B.Com., B.Comm (Hons), M.B.A., MBA (CEO & Exec. Director)

Mr. Nkosana Samuel Mashiya (Chief Risk Officer & Exec. Director)

Mr. Grant Hardy (CFO & Financial Director)

Products/ Services
Banking, Financial Services
Number of Employees
1,000 - 20,000
Headquarters
Stellenbosch, NA - South Africa, South Africa
Established
2001
Net Income
500M - 1B
Revenue
Above - 1B
Social Media
Overview
Location
Summary
Capitec Bank Holdings Limited, through its subsidiaries, provides various banking products and services in South Africa. The company operates through three segments: Retail Bank, Business Bank, and Insurance. It offers transactional banking services; fixed and tax-free savings, and call and notice deposits; term loans, credit facilities, mortgage loans, overdrafts, instalment sales and leases, credit and debit cards, and access facilities; rental finance; payment services; and merchant services, as well as credit and life insurance products. The company also provides treasury products comprising foreign exchange spot trades and foreign exchange forward contracts; and internet banking and mobile banking services. It operates approximately 853 branches; and 2,863 automated teller machines, dual note recyclers, and coin and note recyclers. The company was incorporated in 1999 and is based in Stellenbosch, South Africa.
History

Capitec Bank is a South African retail bank. As of August 2017 the bank was the second largest retail bank in South Africa, based on number of customers, with 120,000 customers opening new accounts per month.

The bank maintains 500 retail branches nationwide, 3418 own or partnership ATMs and has over 6.2 million customers, according to the 2015 Chief Financial Officer's Report. Of these customers, 309 000 are online banking customers and 3.5 million are mobile banking customers.

According to the annual results for the 2015 financial year, the asset base of Capitec Bank was in excess of R53.9 billion, with R11.6 billion in equity, and with retail savings deposits increasing by 32 percent for the year to R19.3 billion and retail fixed savings increasing by 19 percent to R10.7 billion for the year. Earnings and headline earnings for the 2015 financial year amounted to R2.547 billion compared to R2.017 billion in 2014, and net transaction fee income amounted to R2.6 billion.

Mission
Our mission is to extend people’s access to more convenient, reliable, and affordable banking. We strive to ensure our clients’ experience of Capitec Bank is one of genuine delight and fulfilment.
Vision
Our vision is to be the leading provider of financial services in Africa, empowering both individuals and businesses to take control of their financial destinies.
Key Team

Mr. Willem de Bruyn B.Sc., BSc (Hons) (Exec. of Bus. Devel. & Technology)

Monique Palmieri (Head of Compliance)

Ms. Rizwana Butler (Exec. of HR)

R. Swanepoel (Acting Internal Audit Head)

Mr. Francois Viviers B.Com., BComm (Hons) (Exec. of Marketing & Communications)

Jerome Passmore (Head of Project Officer)

Dumisani Ncukana (Head of Service Support)

Recognition and Awards
Capitec Bank has been awarded numerous awards over the years. It was named the top South African bank in 2010 and 2011 by Global Finance Magazine, and recently was named “Bank of the Year” in 2018 by both Euromoney and Asiamoney.
References
Capitec Bank
Leadership team

Mr. Gerhardus Metselaar Fourie B.Com., B.Comm (Hons), M.B.A., MBA (CEO & Exec. Director)

Mr. Nkosana Samuel Mashiya (Chief Risk Officer & Exec. Director)

Mr. Grant Hardy (CFO & Financial Director)

Products/ Services
Banking, Financial Services
Number of Employees
1,000 - 20,000
Headquarters
Stellenbosch, NA - South Africa, South Africa
Established
2001
Net Income
500M - 1B
Revenue
Above - 1B
Social Media