Capitec

Few banks have successfully entered the retail banking sector in South Africa in the past 25 years. ShutterstockThe South African retail banking sector is characterised by high barriers to entry. The sector is concentrated, with four of the largest banks – Standard Bank, Absa, First National Bank and Nedbank – accounting for more than 80% of retail deposits. Some of the small … [Read more...] about How Capitec Bank overcame high barriers to entry in South Africa | The Conversation