Who owns Capitec Bank?
Capitec Bank is a publicly traded company on the Johannesburg Stock Exchange (JSE). Therefore, it is owned by its shareholders.
When was Capitec Bank established?
Capitec Bank was established in 2001.
Who were the founders of Capitec Bank?
Capitec Bank was founded by Michiel le Roux, Riaan Stassen, Jannie Mouton, André du Plessis, and Ryno van der Merwe.
Who is Michiel le Roux?
Michiel le Roux is a South African entrepreneur and banker. He is the co-founder and former chairman of Capitec Bank.
Who is Riaan Stassen?
Riaan Stassen is a South African businessman. He is one of the co-founders of Capitec Bank and served as its CEO from 2001 to 2013.
Who is Jannie Mouton?
Jannie Mouton is a South African businessman and investor. He is one of the co-founders of Capitec Bank and the founder and chairman of PSG Group.
Who is André du Plessis?
André du Plessis is a South African businessman and entrepreneur. He is one of the co-founders of Capitec Bank and the founder of ProComm, an information technology company.
Who is Ryno van der Merwe?
Ryno van der Merwe is a South African entrepreneur and businessman. He is one of the co-founders of Capitec Bank and the founder and CEO of African Bank.
As of 2021, Capitec Bank has over 120,000 shareholders.
The largest shareholders of Capitec Bank are typically institutional investors such as pension funds, asset management companies, and investment banks. As of 2021, the top 5 shareholders of Capitec Bank are Sanlam Investment Management, Public Investment Corporation, Allan Gray Investment Management, Old Mutual Asset Management, and BlackRock Investment Management.
How much of Capitec Bank is owned by its founders?
As of 2021, the founders of Capitec Bank collectively own less than 2% of the company’s shares.
Has Capitec Bank ever been acquired by another company?
No, Capitec Bank has never been acquired by another company. However, there have been rumors in the past that the bank was a potential acquisition target for larger financial institutions.
In conclusion, Capitec Bank is a publicly traded company owned by its shareholders. Its founders, who established the bank in 2001, collectively own less than 2% of the company’s shares. The largest shareholders of Capitec Bank are typically institutional investors such as pension funds and asset management companies. Despite rumors in the past, Capitec Bank has never been acquired by another company.
