Smaller banks to woo smaller firms

Capitec, which is SA's sixth-largest bank, sees "massive opportunities in business banking"

04 October 2020 - 00:07

SA's smaller banks see big opportunities in banking smaller businesses, with Capitec and Sasfin looking to expand lending in that direction as small and medium enterprises start to recover from the Covid crisis.

Capitec, which is SA's sixth-largest bank and last year bought Mercantile Bank to focus on the SME sector, sees "massive opportunities in business banking", said CEO Gerrie Fourie...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.