12 Ways A South African Rookie Bank Is Shaking Up Traditional Banking

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Written by Peter Pedroncelli

A South African rookie bank is shaking up the financial sector in the country by doing things differently and attracting numerous clients.

The SA banking industry has long been dominated by an established group of four giants, Nedbank, Standard Bank, FNB and ABSA, but a new player in the market has been making waves.

Capitec Bank was recently announced as the best bank in the world by international banking advisory group Lafferty in its inaugural Bank Quality Rankings.

Here are 12 ways in which a relatively new South African bank has managed to shake up the banking sector in the country.

Sources; Radio702, BusinessTech, CapeBusinessNews, DestinyMan, ITWeb.