Capitec (officially Capitec Bank Holdings Limited) is the largest South African commercial bank by customer base.[3] It is licensed by the Reserve Bank of South Africa, the central bank and national banking regulator.[4]
As of September 2025, Capitec was the largest retail bank in South Africa, based on number of customers, serving a total of 24.1 million individuals (constituting 38% of the South African population at the time).[2]
Capitec also has South Africa's largest branch network, at 880, and largest ATM network, at almost 9,000. In the same month, Capitec had the second-highest market capitalization and highest return on equity out of the "big five" banks.[2]
History
In 2014, Capitec bought a 40% shareholding in loan provider AvaFin, which serves Mexico, Poland, Spain, Czechia, and Latvia.