Capitec’s name change from Capitec Bank Holdings Limited to Capitec Limited has officially been Gazetted by the Prudential Authority.<\/p>\n\n\n\n
The notice was gazetted on 2 October 2026 by the Prudential Authority, in line with South Africa’s 1990 Banks Act.<\/p>\n\n\n\n
“Notice is hereby given, for general information, that Capitec Bank Holdings Limited, registered as a controlling company in terms of section 44 of the Banks Act, changed its name to Capitec Limited with effect from 1 August 2026,” the gazette said.<\/p>\n\n\n\n
The change was first announced in August 2026, after the banking giant’s Annual General Meeting (AGM) on 31 July.<\/p>\n\n\n\n
The change comes as the company looks to expand beyond traditional banking into broader financial and customer services.<\/p>\n\n\n\n
“Indicative of our journey beyond traditional banking is the recent name change from Capitec Bank Holdings Limited to Capitec Limited,” the company said in its recent interim financial results.<\/p>\n\n\n\n
\u201cThis reflects our growing focus on delivering a wider range of value-adding solutions to our clients.\u201d<\/p>\n\n\n\n
Outside of traditional banking, the group has expanded to offer Smart ID services in 248 of its branches and aims to extend this to all of its banks.<\/p>\n\n\n\n
Capitec said this expansion \u201creflects our commitment to \u2018being more than a bank\u2019 by delivering value to our clients through services that make a tangible difference in their daily lives.”<\/p>\n\n\n\n
The company is also looking to launch new stokvel accounts and expand its presence in the telecoms market through Capitec Connect.<\/p>\n\n\n\n
While the bank will change its name, it will continue to trade on the Johannesburg Stock Exchange (JSE) under the same ticker.<\/p>\n\n\n\n
Capitec is currently South Africa’s largest bank by customer base, with roughly 26.6 million clients in the country.<\/p>\n\n\n\n
This means that over one-third of South Africans bank with the group, significantly more than its rivals in the banking sector.<\/p>\n\n\n\n