Capitec Bank Holdings Ltd. Stock Analysis CPI.JO

Capitec Bank Holdings Ltd. is a bank controlling company, which engages in the provision of retail banking services. The company is headquartered in Stellenbosch, Western Cape and currently employs 17,672 full-time employees. The company went IPO on 2002-02-18. Its segments include Personal banking, Business banking, Insurance, and AvaFin. The Personal banking segment includes transactional banking services; loan products that are granted to personal banking clients, which include loans, credit cards and access facilities; and flexible, fixed, and tax-free savings. The Business banking segment includes loan products that are granted to business banking clients, such as term loans, overdrafts, instalment sales, leases and credit cards; call and notice deposits; treasury products, which include foreign exchange spot trades and foreign exchange forward contracts. The Insurance segment provides long-term insurance products. The AvaFin segment includes short-term loan products, credit line products, and instalment loans.