🇿🇦 South Africa 6h ago · Tshehla Cornelius Koteli

Capitec plans to enter the international market

The Citizen SA
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Capitec plans to enter the international market
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South Africa’s largest bank by customer base, Capitec, plans to enter the international market following its 2024 acquisition of the international credit provider AvaFin. However, CEO Graham Lee says expanding into the international market will take time.



Capitec is the youngest and the only bank in the country’s Big Five that does not operate retail branches abroad. The other banks – Standard Bank, FirstRand, Absa, and Nedbank – have long-standing, significant footpri

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