Capitec Bank is smoking all the other South African banks

Capitec Bank is South Africa’s largest bank by the number of customers, according to the Broadcast Research Council of South Africa (BRC) Products and Brands Module survey.

The survey involved interviews with 3154 South Africans of a broad demographic between January and June 2018.

According to the survey, 85% of adult South Africans have a bank account.

Of those with a bank account, 44% bank with Capitec Bank followed by FNB (20%), Absa (18%), Nedbank (17%) and Standard Bank (17%).

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