Capitec expects first-half earnings to be up to 35% higher
An improvement in both the credit impairment charge and credit loss ratios boosted earnings in the first half
Capitec Bank Holdings expects to report higher earnings for the first half of the financial year due to lower credit loss ratios and as net transaction and commission income, including value-added services, contributing to strong growth in non-lending income...
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
This article is reserved for Daily Dispatch subscribers.
Get access to ALL Daily Dispatch content from only R49.00 per month.
Already subscribed? Simply sign in below.
Already registered on The Herald, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.
Questions or problems? Email helpdesk@dispatchlive.co.za or call 0860 52 52 00.