Capitec Bank, which makes unsecured loans mainly to low- and middle-income households – has defended its lending practices on Tuesday after research group Viceroy accused it of being a ‘loan shark’.

JSE-listed Capitec, South Africa’s largest retail and digital bank based on number of clients, has announced its foray into the home loan market in partnership with SA Home Loans. The ...

Full-year HEPS up 16% Credit impairment charges rise on bad debts Retail credit loss ratio seen at 85 bps in FY25 Stocks surge over 7% Customers queue to draw money from an ATM outside a branch of ...

Capitec Bank's focus is shifting from unsecured loans to looking after the banking needs of its primary clients. The bank's headline earnings grew by 27% last year, according to the company's results ...

Capitec defended the robustness of its loan book on Monday, while US-based short seller Viceroy Research criticised the South African Reserve Bank (SARB) for previously vouching for the bank. Viceroy ...

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Capitec has sought to allay market scepticism by providing detail on its credit granting criteria and loan book reconciliation while continuing to report strong financial results. The banking group ...

The initial panic that flared this week when Viceroy Research released its Capitec report has subsided, with Capitec clients remaining loyal to the micro lender. While some depositors withdrew their ...

Financial services group Capitec, has partnered with SA Home Loans to launch its first full home loan offering. The bank said that its new offering will enable customers to initiate an application in ...