- Oct 29, 2010
Well deserved in my opinion. Easily the best bank I've ever been with.JOHANNESBURG - Capitec Bank has been rated the best bank in the world for the second successive year in the Lafferty Group’s Global Bank Quality Benchmark.
The announcement comes despite South Africa’s downgraded credit rating.
Capitec Bank CEO Gerrie Fourie says the bank is proud and thankful to receive the rating.
“We value this recognition because it’s based on information available in the public domain and represents an objective view of our company while validating the trust that our clients put in the Capitec Brand.
“The management team thank our employees for their diligent pursuit to offer our clients simple, affordable and transparent banking that helps them manage their money better. For us, this is just the start of the journey.”
The Lafferty Group’s ratings are based on information available in the public domain such as each bank’s business model, assessed in terms of factors like strategy, culture and management.
Capitec Bank is the only bank in the world to achieve five stars, beating other global leaders such as HSBC, Goldman Sachs and JPMorgan Chase and local contenders Standard Bank, Absa, Nedbank and FirstRand.
Collectively, SA’s major banks have the highest average of any country.