Not everyone wants to trade shares or take big risks with their hard-earned money — and they shouldn’t have to.

Read: Bank fixed deposit rates compared [2018] But savers ... This includes household names Absa, Capitec Bank, FNB and Nedbank (as well as Standard Bank). It also includes Sasfin, which is ...

CAPITEC BANK [JSE ... to use self-help and cost effective solutions through technology Deposits are up substantially, which is favourable for funding and a sign of confidence in the bank. Retail call ...

Capitec Bank has slashed the interest it pays on ... These include Access Anytime, Notice Deposits, and Fixed-Term Savings options. The first of these replaces its flexible savings plan and ...

Capitec Bank recently implemented significant changes ... Anytime accounts will now earn higher interest rates, while fixed-term deposit rates remain unchanged since the last repo rate adjustment.” ...

For those who are unfamiliar about the concept, a stokvel is essentially a credit union in which a group of people contribute a fixed amount ... or through deposits into a bank account.

For one South African bank, the answer is a relentless focus on customers others forgot. Capitec Bank was founded ... derives 80% of funding from customer deposits and nearly half its income ...

South Africa’s Reserve Bank said August 16 it disagreed with Moody’s decision a day earlier to cut Capitec’s deposit rating two levels to Ba2 from Baa3, with the potential for further ...