Is this the end of the run for Capitec?
In the last month Capitec Bank hit an all-time high of R1,913 a share. It's pulled back slightly from that. But the bank has seen phenomenal growth with a 51% return in the last year, 158% in the last 5 years and 791% in the last ten years.
In fact, in its August 2021 figures the bank announced a figure of 16.8 million clients.
That's compared to 15.8 million clients in February 2021 and 13.9 million clients in February 2020.
This makes Capitec the largest bank by number of clients in South Africa.
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