Capitec Bank said it has fully cooperated with the Prudential Authority (PA) during their inspections and is committed to resolving all compliance and control matters identified. This comes after ...

South Africa's central bank the South African Reserve Bank (Sarb) has imposed administrative sanctions on SA's Capitec Bank Limited (Capitec Bank) due to the bank's non-compliance with certain ...

South Africa’s biggest bank by customers, Capitec, has been hit with a R56 million administrative penalty due to non-compliance with certain provisions of the Finance Intelligence Centre Act (FICA).

The South African Reserve Bank (Sarb) has fined Capitec R56.25m for not complying with anti-money laundering rules set out by the Financial Intelligence Centre Act (Fica). In a media statement, Sarb ...

Capitec Bank is a leading digital retail bank in South ... clothing accounts, funeral policies, loans and many others.

Read: Capitec now has as many clients as Standard Bank, Absa and Discovery Bank combined But at the beginning of the year, Capitec by all means was expensive. It had a price to net asset value of ...