's private banking and private wealth franchise grew customer numbers by double digits. As more banks focus their attention on private banking to lure the black card-loving South Africans, it's not the same anymore. Competition is getting even tougher with challenger banks targeting high-income earners, like Discovery Bank.
"As we sit now, we are looking at high single-digit internal client growth numbers," said FNB Private Client Channels CEO, Eric Enslin.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
_Business There are only so many anc politicians getting wealthier
_Business no shit Sherlock… 🙄🙄
_Business So the pool is getting smaller, yet stats suggests that the wealth distribution gets skewer in SA.
_Business Another success thanks to our wonderful government.