Capitec Bank Holdings Ltd

Detailed Description

Capitec Bank Holdings Limited, through its subsidiaries, provides various banking products and services in South Africa. It operates through two segments, Retail Banking and Business Banking. The company offers transactional banking services; term loans, credit facilities, mortgage loans, overdrafts, instalment sales and leases, credit cards, and access facilities; rental finance; collection and payment services; and merchant services, as well as funeral and life insurance products. It also provides treasury products, which includes foreign exchange spot trades, foreign exchange forward contracts, vanilla foreign exchange options, and money market call or term deposits; and internet banking and mobile banking services, as well as debit cards. As of February 2021, the company operated approximately 857 branches and 2,660 ATMs. Capitec Bank Holdings Limited was incorporated in 1999 and is based in Stellenbosch, South Africa.