News Formal

Capitec earnings soar as shift to digital fuels client growth

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 61%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Banking group Capitec on Tuesday (12 April), reported an 84% increase in headline earnings per share for the year ended February 2022, to R73, with active clients were up 14% to 18.1 million, boosted by continued momentum in digital banking.

Banking group Capitec on Tuesday , reported an 84% increase in headline earnings per share18.1 million, boosted by continued momentum in digital banking.

“Capitec’s digital solutions have been crucial in enabling this growth. In addition, our staff have been instrumental in this adoption and have excelled in this new, hybrid, digital world.” The lender said that clients’ transactional behaviour shifted away from cash towards digital channels, accelerated by the pandemic. Overall, net transaction income increased by 21% to R10.5 billion. Clients quickly adopt contactless card payments and online shopping, it said.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 24. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Market data — April 11 2022Market data including bonds and fuel prices South Africa can kick start its economy by: 1- Remove all racist BBBEE laws 2- Remove all labour law red type 3- Reduce Company Income tax to 22%! Newzroom405 eNCA DStv403 PowerToTruth
Källa: BDliveSA - 🏆 12. / 63 Läs mer »