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Etymologies
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Examples
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The big banks, and smaller rivals such as Capitec, are finding more and better ways to reach the low income market.
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Demonstrated Profits - South Africa's banks have noticed that their small rival Capitec, with its downmarket focus, is one of the world's most profitable and fastest-growing financial institutions.
Forbes.com: News Stephen Wunker 2011
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Demonstrated Profits - South Africa's banks have noticed that their small rival Capitec, with its downmarket focus, is one of the world's most profitable and fastest-growing financial institutions.
Forbes.com: News Stephen Wunker 2011
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While I was researching and writing about Capitec, I warmed to it.
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And Capitec has been expanding its retail banking business based on a low-cost transactional structure.
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In many respects borrowers could have a positive cost-advantage by borrowing from Capitec than, for example, buying goods on credit instalments.
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Johannesburg - ON Tuesday, Capitec Bank Holdings (Capitec) published a positive trading update for the financial year ended February 28 2010.
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Micro-lending, if well-managed - and Capitec has a proven management - is a profitable business.
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I chose to write on Capitec because, had I liked its core operation, microlending, I would possibly have tried to persuade Jean that it should be on the Private Investor portfolio's wish list.
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Capitec does not charge for credit life insurance.
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