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Capitec Bank is a South African retail bank and financial services company. [2] As of February 2024 the bank was the largest retail bank in South Africa, based on number of customers, with 120,000 customers opening new accounts per month.
Michiel Scholtz du Pré le Roux (born 20 May 1949) is a South African billionaire businessman and philanthropist who co-founded Capitec Bank. He was the bank's inaugural chief executive officer from 2001 to 2004 and later served as its chairman from 2007 to 2016. One of South Africa's richest men, he is also a major donor to the Democratic Alliance
Mercantile Bank Limited is a South African commercial bank, founded in 1965. [3] It was previously called Bank of Lisbon International. [3] The bank is headquartered in Sandton, South Africa, [1] and provides products and services in retail banking, corporate finance, asset management, equity brokerage and security.
Capitec Bank Limited; Capitec Business Limited; Discovery Limited; First National Bank; FirstRand Bank - A subsidiary of First Rand Limited; FMB - Rand Merchant Bank; Grindrod Bank Limited; Imperial Bank South Africa; Investec Bank Limited; Ithala Bank; Mercantile Bank Limited - (Close down the brand and Capitec Bank taken over) Nedbank Limited ...
UBA - (United Bank for Africa - subsidiary of United Bank for Africa) Vistabank; ... African Bank Limited; Bidvest Bank; Capitec Bank; First National Bank (South Africa)
The World Bank classifies South Africa as an upper-middle-income economy, and a newly industrialised country. [1] [2] Its economy is the largest in Africa, and the 34th-largest in the world. [3] In terms of purchasing power parity, South Africa has the seventh-highest per capita income in Africa.
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Bank of Africa: 16: Michiel Le Roux: $1.2 billion 71 South Africa: Capitec Bank: 16: Strive Masiyiwa: $1.2 billion 59 Zimbabwe: Econet Global: 18: Yasseen Mansour: $1.1 billion 59 Egypt: Mansour Group