Capitec Bank
- (Exited)

  • Active: Exited
  • Region: Africa
  • Country: South Africa
  • Sector: Financial services
  • Year: 2009
  • Domicile: South Africa
  • Instrument:
  • Commitment (MNOK) as of 30.09.2018: 0
  • Original Commitment (MNOK): 121.0

Capitec is one of the largest banks in RSA that have targets the unbanked, salaried segment. As at 28 Feb 12, they had 3.7 million active customers. The bank has developed "easy to use and understandable" products tailored to its target group. Capitec is a regulated bank following all the strict rules of South African Reserve Bank. It is profitable and are growing rapidly with an average of 73 000 new clients per month. They employed 7,194 people and have 507 branches as at 28 Feb 12. The loan and deposit sizes are small, averages are 4,172 Rands per loan.

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo

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