Bloomberg News

Capitec Bank Adds 890,000 New Clients Since February, CEO Says

June 06, 2011

June 6 (Bloomberg) -- Capitec Bank Holdings Ltd., South Africa’s fastest-growing bank, has gained 890,000 new clients since February, taking the total number to 3 million, according to the bank’s Chief Executive Officer Riaan Stassen told shareholders at an annual meeting of shareholders on June 3, Business Day newspaper reported.

“While attracting new clients is fundamental to the bank’s growth, keeping them is too,” he added.

To contact the reporter on this story: Sikonathi Mantshantsha in Johannesburg at

To contact the editor responsible for this story: Agnes Nikoi at

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