Capitec Bank Holdings Ltd (JSE:CPI)
R 2265.61 5.61 (0.25%) Market Cap: 262.37 Bil Enterprise Value: 245.14 Bil PE Ratio: 24.80 PB Ratio: 6.03 GF Score: 87/100

Capitec Bank Holdings Ltd Annual Shareholders Meeting Transcript

May 27, 2022 / 12:30PM GMT
Release Date Price: R2146.31 (+2.16%)
Susan Louise Botha
Capitec Bank Holdings Limited - Independent Non-Executive Chairman

Good afternoon, ladies and gentlemen. I have the easy task to welcome you here this afternoon in this beautiful new head office of Capitec and in the spectacular atrium. So you are very welcome to this AGM. I think it's the first in-person AGM since the onslaught of COVID in the beginning of 2020. So really very, very welcome.

My name is Santie Botha, and I chair the Board of Capitec Bank Holdings. So the year 2022 is turning out to be another [stimulus] year in the history of the world with an ongoing war in Ukraine, the financial markets and absolute turmoil, the COVID pandemic, still very much with us, and our consumer out there is still under tremendous financial pressure.

Capitec has also had a very eventful start to the year. We've launched Izindaba Ezinhle, which is our broad-based black shareholder scheme for our staff, where we've made nearly more than 10,500 of our staff members, shareholders in this business, which is quite incredible. And for those of you that are here in your capacity as

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