What is the core function of capitec bank?

Capitec’s business model is focused on providing a value to its customer(s) by providing low costs, giving customers the freedom to pay as they transact, and by offering the highest interest rate on deposits.

What is capitec’s mission statement?

Capitec’s mission is to make banking simple and transparent to help clients – regardless of their level of income or assets – improve their financial lives through a single solution, called Global One.

Who are the directors of Capitec Bank?

All Executives

  • Santie Louise Botha Chairman.
  • Gerhardus Metselaar Fourie Chief Executive Officer & Executive Director.
  • Hendrik Albertus Jacobus Lourens Head-Operations.
  • André Pierre du Plessis CFO, Financial Director & Executive Director.
  • Willem de Bruyn Head-Information Technology.

What does capitec do for community?

Our CSI programme features 3 main areas of support; the Capitec Foundation which focuses on improving numeracy and financial literacy, once-off donations through which we give back to the community through volunteerism and donations, and disaster relief which we actively support through recognised and legitimate …

What makes Capitec unique?

Capitec is South Africa’s leading digital bank with over 6.9 digital banking clients. Our innovative solution to banking, called Global One, allows you to transact, save and access credit using remote banking.

What is the meaning of Capitec?

Origin of Capitec. Capitec Means. Thanks! C is for caring, your finest trait.

What is capitec slogan?

Capitec holds true to its slogan “Its Banking Just Simpler” by removing proof of address – Cenfri. Where we’ve worked. Our network.

How old is capitec?

20 years (March 1, 2001)
Capitec Bank/Age

Is Capitec Bank Black Owned?

Michiel Le Roux is the founder and chairman of Capitec Bank, an African retail bank. He is rated as the eighteenth African billionaire on Forbes list as of 2020. His financial institution, Capitec, targets South Africa’s emerging middle class and also trades on the Johannesburg Stock Exchange.

Who is the CEO of Capitec Bank?

Gerrie Fourie (Jan 1, 2014–)
Capitec Bank/CEO
The series will kick off with the CEO of Capitec, Gerrie Fourie, who will weigh in on what the future holds for aspiring innovators in the banking space.

What makes Capitec Bank good for the unbanked?

The Capitec business model is attractive to the unbanked customer as it rests on four main principles, namely simplicity, affordability, accessibility and personalised service (Papercamp, 2011). Substitutes: These provide a moderate force to the industry (Haladjian, 2006).

What are the benefits of being a Capitec client?

With our Live Better Benefits you get immediate savings simply for being a Capitec client. Whether it’s making new memories, achieving new dreams or reaching new goals, our benefits will help you on your journey to live better. Whether you need inspiration, just want to get down to some beats or experience the thrill of a live-streamed concert.

Do you need to prove your loyalty to Capitec?

At Capitec, you don’t need to prove your loyalty. With our Live Better Benefits you get immediate savings simply for being a Capitec client. Whether it’s making new memories, achieving new dreams or reaching new goals, our benefits will help you on your journey to live better.

Who is the owner of the Capitec group?

Founded by CEO, Riaan Stassen, Capitec‟s ownership structure comprises 24.08% board and senior management, 34.83% the PSG Group, 15.83% BEE Black Economic Empowerment (BEE) groups and 26.26% various other shareholders.

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