Best private bank: FNB Private
South Africa’s private banking market is one of the most competitive in the continent, with leading institutions competing across advisory, investment capability, digital innovation and client experience. FNB Private has strengthened its leadership in this environment through a strategy that combines advice-led relationships with a broad suite of investment, lending and fiduciary capabilities supported by sophisticated digital platforms.
During the review period, the bank delivered strong growth across assets under management, advances and deposits, reflecting its ability to deepen relationships with existing clients while continuing to expand its reach across the emerging affluent, high-net-worth and ultra-high-net-worth segments.
Central to this growth has been a deliberate strategy to increase wallet share through a relationship-led model focused on holistic financial guidance.
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