Is private banking worth the cost?

Most of us aspire to have our own private banker. For years it was cheaper to bank with high-touch Investec. Any graduate with prospects was welcomed with open arms and got a better fee deal than the big four would give them. This is changing. In 2012 Investec's monthly banking charges were R295 now they are R400 -- a 35% increase. Tonight, Bruce Whitfield speaks to Ryan Tholet, South Africa head of Investec Private Banking about the private banking landscape and challenges.

Пікірлер: 16

  • @XtremeRidezSA
    @XtremeRidezSA4 жыл бұрын

    If R400 is hurting your budget, you don't belong in the private banking group.

  • @mansamusa6505

    @mansamusa6505

    3 жыл бұрын

    It's not about the budget, it's about the principle. Look at it this way, private banks are "private" for a reason

  • @dudettethechicklet2828

    @dudettethechicklet2828

    2 жыл бұрын

    Exactly

  • @skhumbuzodladla1457

    @skhumbuzodladla1457

    11 ай бұрын

    ​@@mansamusa6505, what is the reason

  • @TheMsizi001
    @TheMsizi0019 жыл бұрын

    Couldn't believe my eyes when I saw that R400 on my statement. Everyday you ask yourself, is it worth it. Always end up concluding, kinda is.

  • @tumisanggololo3677

    @tumisanggololo3677

    5 жыл бұрын

    Flex

  • @Flo-zb8pw

    @Flo-zb8pw

    3 жыл бұрын

    🤣 6 years back - May I ask if ur now with Capitec

  • @skhumbuzodladla1457

    @skhumbuzodladla1457

    11 ай бұрын

    What is that bank

  • @raimondasmarciulevicius7599
    @raimondasmarciulevicius75995 жыл бұрын

    CNBCAfrica, good job. Together we are strong :) :)

  • @jackalmedi7936
    @jackalmedi79365 жыл бұрын

    WELL DONE FOR THE INTERVIEWER TAKE THEM ON!!!

  • @princewembo8905

    @princewembo8905

    2 жыл бұрын

    But also we’ll don’t you Ryan for just taking it and answering back. A lot of people are arrogant when being interviewed. He laughed as well and it was a good dialogue

  • @jackalmedi7936
    @jackalmedi79365 жыл бұрын

    Not a big fan of Invest Tec, I'm happy with offshore privet wealth

  • @mansamusa6505

    @mansamusa6505

    3 жыл бұрын

    It helps to have all your fingers in most pies

  • @jackalmedi7936
    @jackalmedi79365 жыл бұрын

    FYI Graduates dont want Invest Tec becouse Invest tec wants client who earn more than 1M

  • @mansamusa6505

    @mansamusa6505

    3 жыл бұрын

    That's the point

  • @oktamannamoudatansehai
    @oktamannamoudatansehai Жыл бұрын

    H8