Capital Bank Targets P100m In Profits

Mr Jaco S.J. Viljoen
Mr Jaco S.J. Viljoen

Capital Bank vows to maintain their reputation of making profit despite the tough environment that bedevils the banking sector, targeting a record P100 million in profits after tax by the end of 2019.

Presenting the bank’s financial results for the year ended December 31, 2017, the chief executive officer (CEO) Jaco Viljoen said that the bank is on track with its 2020 Strategy of realising double-digit growth for each financial year.

“To attain this, we would continue to retain our focus on the commercial banking markets and retain our current strategy, which has been working for us in the past five years,” he said.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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