Half Year 2025 Capitec Bank Holdings Ltd Earnings Call Transcript

Oct 01, 2024 / 06:00AM GMT
Anton Friend - Capitec Bank Holdings Ltd - Treasurer

Good morning, ladies and gentlemen. Welcome to the interim results presentation. Please put your hands together for our CEO, Gerrie Fourie.

Gerhardus Fourie - Capitec Bank Holdings Ltd - Chief Executive Officer, Executive Director

Good morning, ladies and gentlemen. It's for me, a great privilege to present our results to ourselves. I think everyone by now knows that our earnings has grown with 36%. And I don't think there's a lot of companies in South Africa that can say they've grown about 36%. We can be extremely proud of what we've achieved.

But if I actually look at the results and where we are, I actually look at the last five years, and we all know we had COVID and we had a world recession or uncertainty, but what we've actually done is in those uncertain times to really invest. So we've invested close to ZAR7 billion to make certain that we can grow, we invest for the future. And we've changed our business model. The business model was be -- a retail banking or personal banking, and then we

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