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SA’s Capitec Bank reports 26% rise in half-year profit

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South African (SA) lender Capitec Bank reported on Wednesday a 26% rise in half-year profit.

It said its headline earnings per share, a key profit measure in SA rose to R8 billion ($463.94 million) for the six months ended August 31, up from R6.4 billion ($371.55 million) in the same period last year.

Capitec declared an interim dividend of R26.20 per share ($1.52), up 26% from R20.85 per share ($1.21) in the previous year.

–Reuters-