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CPI vs ABL

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Mol
Frequent Contributor
Can someone please explain exactly what is the diff. between Capitec and Abil. Why did Abil go bust and will Capitec not follow? I am a Capitec client and love their low cost. Why can other Banks not do the same?
3 REPLIES 3
prancing_horse
Super Contributor
ABL was retailing furniture, ellerines, bearers etc, which they they squat about.
prancing_horse
Super Contributor
prancing_horse
Super Contributor
Apologies, damn predictive text, 'they knew squat about'.