Capitec Bank
Capitec Bank office  

Capitec Bank

Capitec Bank Holdings Limited (CPI: JSE) is a commercial bank headquartered in Stellenbosch, a town in the Western Cape province of South Africa. Capitec is a South African retail bank that serves individuals and businesses, but does not provide business banking for corporations, companies, partnerships or trusts. It focuses on effective system-driven solutions and centralised control and minimizes administration and costs for clients. With approximately 12,500 employees, the Bank serves 7.9 million customers through a network of over 750 branches nationwide. The company was founded in 2001 and was listed on the Johannesburg Stock Exchange in 2002. As of August 31, 2016, Capitec Bank had R67.520 billion (US$4.7 billion) in total assets, R51.384 billion (US$3.6 billion) in deposits and R42.812 billion (US$3 billion) in gross loans and advances.

Standard & Poor's ratings:
Foreign Currency: BBB-/Stable/A-3
Local Currency: BBB+/Stable/A-2
South Africa National Scale: zaAAA/--/zaA-1

Head office address:
1 Quantum Street
Techno Park
Stellenbosch 7600
South Africa
Phone number: +27 21 809 5900