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United States

Capitec Bank Holdings Ltd (CPIJ.J)

CPIJ.J on Johannesburg Stock Exchange

128,485.00ZAc
25 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Capitec Bank Declares Dividend Of 421.67 Cents
Friday, 31 Aug 2018 01:07am EDT 

Aug 31 (Reuters) - Capitec Bank Holdings Ltd ::JSE: CPIP - DECLARATION OF A DIVIDEND OF 421.67 CENTS PER NON-REDEEMABLE, NON-CUMULATIVE, NON-PARTICIPATING PREFERENCE SHARE.  Full Article

Portuguese Government Announces Shortlist Of Buyers For Mercantile Bank Holdings Ltd
Monday, 18 Jun 2018 03:58am EDT 

June 18 (Reuters) - MERCANTILE BANK: :PORTUGUESE GOVERNMENT APPROVED SHORTLIST OF FOUR POTENTIAL BUYERS TO PARTICIPATE IN SECOND PHASE OF SALE PROCESS OF MERCANTILE BANK HOLDINGS LTD.APPROVAL ALLOWS SALE PROCESS OF MERCANTILE BY CAIXA GERAL DE DEPÓSITOS, S.A. TO PROGRESS TO NEXT PHASE.CGD HAS RECEIVED 18 NON-BINDING OFFERS FOR MERCANTILE.POTENTIAL BUYERS INCLUDE CONSORTIUM COMPRISING ARISE B.V. AND GRINDROD BANK LTD, CAPITEC BANK, NEDBANK GROUP.POTENTIAL BUYERS ALSO INCLUDE CONSORTIUM COMPRISING PUBLIC INVESTMENT CORPORATION SOC AND BAYPORT FINANCIAL SERVICES (PTY) LIMITED.  Full Article

Capitec Bank Says Expects FY HEPS To Be Between 3,806-3,904 Cents Per Share​
Monday, 5 Mar 2018 03:30am EST 

March 5 (Reuters) - Capitec Bank Holdings Ltd ::SEES FY HEADLINE EARNINGS PER SHARE WILL BE BETWEEN 3 806 CENTS AND 3 904 CENTS PER SHARE​.  Full Article

Capitec Bank Says ‍Approved And Declared Preference Share Dividend Of 423.56 Cents For HY
Wednesday, 28 Feb 2018 12:05am EST 

Feb 28 (Reuters) - Capitec Bank Holdings Ltd ::‍APPROVED AND DECLARED PREFERENCE SHARE DIVIDEND OF 423.56 CENTS PER SHARE IN RESPECT OF SIX MONTHS ENDED ON 28 FEBRUARY 2018​.  Full Article

Viceroy Research Issues Response To South Africa's Capitec Bank
Wednesday, 14 Feb 2018 07:46am EST 

Feb 14 (Reuters) - VICEROY RESEARCH ::VICEROY RESEARCH ON CAPITEC BANK SAYS ISSUES EXPRESSED BY VICEROY HAVE BEEN REFLECTED IN A LETTER FROM BGFM TO CAPITEC RAISING CONCERNS ABOUT ITS LENDING PRACTICES.VICEROY RESEARCH ON CAPITEC - OBTAINED COMMUNICATIONS FROM CAPITEC HEAD OFFICE DATED FEB. 8 TO LOCAL BRANCHES ADVISING IT HAS AMENDED NUMBER OF ALLOWABLE LOANS PER CUSTOMER.VICEROY RESEARCH ON CAPITEC - HAS OBTAINED EVIDENCE OF CAPITEC INTENTIONALLY ABUSING DEBIT ORDER SYSTEM TO ENSURE ITS DEBITS TAKE PRIORITY AHEAD OF OTHER LENDERS‍​.VICEROY RESEARCH - "CONTINUES TO BELIEVE THAT CAPITEC IS FUNDAMENTALLY UNINVESTABLE".  Full Article

Capitec Bank Says Shareholders Can Expect Release Of Fresh Attacks
Monday, 5 Feb 2018 10:42am EST 

Feb 5 (Reuters) - Capitec Bank Holdings Ltd ::‍IN RESPONSE TO LATEST SET OF ALLEGATIONS THAT VICEROY RESEARCH GROUP HAS RELEASED ON MONDAY 5 FEBRUARY​."SHAREHOLDERS CAN EXPECT RELEASE OF FRESH ATTACKS AND FALSE ALLEGATIONS OVER AN EXTENDED PERIOD"​.CAPITEC BANK HOLDINGS- ‍"ARREARS FIGURES REPORTED BY CAPITEC ON THESE LOANS ARE ACCURATE AND IN LINE WITH OUR RISK APPETITE AND PORTFOLIO TRACKING RESULTS"​."‍PROVISIONS RAISED AGAINST THESE LOANS ARE CONSERVATIVE"​.  Full Article

Capitec Provides Response To The Main Issues Raised In Report
Monday, 5 Feb 2018 05:23am EST 

Feb 5 (Reuters) - Capitec Bank Holdings Ltd ::VICEROY RESEARCH GROUP REPORT ON CAPITEC – DETAILED RESPONSE TO THE MAIN ISSUES RAISED IN THE REPORT."‍WE CONFIRM THAT OUR LOAN BOOK RECONCILES AND DENY ANY MISREPRESENTATION OF LOAN BOOK"​."‍WE CONFIRM THAT THERE IS NO OVERSTATEMENT AND THAT NO ADJUSTMENT IS REQUIRED"​.CAPITEC BANK HOLDINGS - ‍"WE DENY ACCUSATION THAT WE ROLL UNPAID LOANS AND CONFIRM THAT WE DO NOT CHARGE INITIATION FEES WHEN RESCHEDULING LOANS"​."‍WE DO NOT ADVANCE LOANS TO CLIENTS WHO ARE IN ARREARS WITH THEIR CAPITEC INSTALMENTS"​.  Full Article

Capitec Bank Says Benguela Global Fund Managers Satisfied With Co's Response ​
Friday, 2 Feb 2018 09:35am EST 

Feb 2 (Reuters) - Capitec Bank Holdings Ltd ::‍ADVISE THAT CAPITEC'S CFO, ANDRÉ DU PLESSIS HAS HAD A SUCCESSFUL MEETING WITH BGFM TEAM THIS MORNING​.‍BGFM TEAM IS SATISFIED WITH CAPITEC'S RESPONSE​.  Full Article

Capitec Bank Says S&P Said That Its Ratings On Co Not Affected By Viceroy Report
Thursday, 1 Feb 2018 12:05am EST 

Feb 1 (Reuters) - Capitec Bank Holdings Ltd ::CAPITEC-“S&P SAID THAT ITS RATINGS ON CAPITEC (BB/STABLE/B) ARE NOT AFFECTED BY AN INVESTMENT REPORT PUBLISHED BY VICEROY RESEARCH ON JAN. 30"‍​.  Full Article

Capitec Bank sees half-year HEPS up between 15 pct-18 pct
Wednesday, 6 Sep 2017 01:06am EDT 

Sept 6 (Reuters) - CAPITEC BANK HOLDINGS LTD ::‍HY HEPS TO BE 1745 CENTS AND 1790 CENTS PER SHARE, REPRESENTING AN INCREASE OF BETWEEN 15 PCT AND 18 PCT VERSUS 1517 CENTS PER SHARE REPORTED LAST YEAR​.  Full Article

UPDATE 2-South Africa's Capitec Bank cuts fees to compete with digital newcomers

JOHANNESBURG, March 28 Capitec Bank will take hit of at least $25 million from cutting transaction fees in 2019, its chief executive said on Thursday, as the South African lender fights to defend market share from digital newcomers.