Capitec Bank Holdings Ltd traded at 434,000.00 this Monday May 18th, increasing 5,500.00 or 1.28 percent since the previous trading session. Looking back, over the last four weeks, Capitec Bank Holdings gained 0.61 percent. Over the last 12 months, its price rose by 24.36 percent. Looking ahead, we forecast Capitec Bank Holdings Ltd to be priced at 415,944.95 by the end of this quarter and at 380,444.18 in one year, according to Trading Economics global macro models projections and analysts expectations.
Capitec Bank Holdings Limited is a South Africa-based bank controlling company. The Company is engaged in retail banking within the South African economic environment segment. The Company's retail banking business sells a retail bank product, Global One, which enables clients to transact, save and borrow. Its business services include card machines, workplace banking, salary transfers and financial skills. It also provides money management solutions. The Company holds interests in its principal subsidiary, Capitec Bank Limited (Capitec Bank). Capitec Bank is a South African retail bank, which focuses on banking services and provides savings, transacting and unsecured lending products to individuals. The Company's Global One card is linked to respective customer's transaction/savings account and gives them various ways to access their money and transact across the world. The Global One card can be used in card machines, online shopping and telephone/mail orders.