Thus, we can state empirically that this practice is still occurring. Major products and services — A list of major products, services and brands of the company. You get detailed information about the company and its operations to identify potential customers and suppliers.
Important locations and subsidiaries — A list and contact details of key locations and subsidiaries of the company. Company history — Progression of key events associated with the Analysis of capitec.
Viceroy continues to believe that Capitec is fundamentally uninvestable and reiterate our recommendation that an investigation by an independent body is launched in the face of the evidence presented in our research. The company along with its subsidiaries is active in banking, property and consumer goods markets.
We believe this is intentionally narrow-minded when viewed in the context of the net market sale of ZAR 49m worth of Capitec shares by Fourie in Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
Recent developments in the company covered in the profile help you track important events. Viceroy have obtained communications from Capitec Head Office dated 8 February to local branches advising that it has amended the number of allowable loans per customer.
The borrowers use this new, larger Capitec loan to pay off the secondary lender used to cover the arrears. Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.
Key competitors — A list of key competitors to the company. The various retail banking services offered by the company include debit orders, credit card, home loans, personal credit, personal loans, credit insurance and savings account.
Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Viceroy has obtained evidence of Capitec intentionally abusing the debit order system to ensure its debits take priority ahead of other lenders.
The company offers its products and services to individuals through a network of branches and ATMs.
Gain key insights into the company for academic or business research. Collectively, directors sold ZAR m Capitec shares on market in alone.
Appointment of an executive director to the boards of Capitec and Capitec Bank Key benefits of buying this profile include: This is TRUE in fact — but not in substance.
Stay up to date on the major developments affecting the company. Key employees — A list of the key executives of the company.
Evidence suggests the available information is being deliberately distorted by Capitec management and we believe that as a matter of prudential supervision the SARB must investigate the lending practices at Capitec.
Detailed financial ratios for the past five years — The latest financial ratios derived from the annual financial statements published by the company with 5 years history. Capitec is headquartered in Stellenbosch, South Africa. Reading between the lines, Capitec appear to be tightening or relaxing lending rules in order to achieve the greatest possible return as opposed to the consumers ability to repay those loans.
The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better. Its services include card machines, workplace banking, salary transfers and financial skills services. The profile contains critical company information including: CPI citing a need for large impairments and regulatory intervention.2 Moody’s Analysis THE ABILITY TO PROVIDE FULL BANKING PRODUCTS AND SERVICES GIVES THE BANK AN EDGE OVER DIRECT COMPETITORS We believe that Capitec Bank’s retail banking capability represents a strength compared to.
Analysis of tens of thousands of Capitec borrowers’ datasets within debt counselling firms show consumers were able to get new loans after paying down their arrears the day prior. Thus, we can state empirically that this practice is still occurring. Capitec has found itself firmly in Viceroy Research's crosshairs as the bank became the prime subject of the short seller's latest analysis.
When it comes to banking, simplicity is the ultimate sophistication. Find out more about simplified banking with Capitec Bank. Capitec Bank (South Africa) Implementing the Bottom of Pyramid Strategy Words | 14 Pages.
Project Report On “ CAPITEC bank (South Africa) implementing the Bottom of Pyramid strategy ” Submitted To: fresh-air-purifiers.com Dutta Prepared By: Fagun Naiyyer PGDM 11GM Executive Summary Little research has yet been undertaken in.
Capitec Bank has taken the banking sector by storm since its listing inand is widely regarded as the most innovative player in the sector.
Its mantra of Simplicity, Affordability, Accessibility and Personal Service has found favour with SA’s consumers, enabling Capitec to grow its client base rapidly.Download