SARB: South African Reserve Bank on Capitec Bank

30th January 2018

SARB: South African Reserve Bank on Capitec Bank

Photo by: Bloomberg

The South African Reserve Bank (SARB) notes a report by a US based fund manager. As part of our mandate, we monitor the safety and soundness of all banks, including Capitec Bank Limited (Capitec).

According to all the information available, Capitec is solvent, well capitalised and has adequate liquidity.

The bank meets all prudential requirements.

 

Issued by South African Reserve Bank