Surrounded by rising living costs, the energy crisis, high interest rates, and ongoing uncertainties, many investors are concerned about staying on track with their savings contributions and ensuring their investment portfolios continue to grow to meet key life milestones and goals. Thopi Mhloli, Head of Savings and Investments at Standard Bank, says many clients are, understandably, concerned about their current financial positions and the impact of the macroeconomic environment over time.
This enables people to build towards their savings goals faster over a shorter period of time because of the high interest rates earned. Mhloli adds that there is an opportunity for those who have the ability to save and invest to leverage higher interest rate returns by considering Standard Bank’s savings and investment solutions.
Beyond competitive interest rates, Standard Bank provides clients with a full suite of savings and investment experts for comprehensive financial planning. Additionally, Standard Bank’s MoneyMarket Select account offers the flexibility to save additional money or withdraw funds anytime without penalties.