Investec bets on affluent South Africans as private banking growth engine
Daily Maverick | 28.05.2026 01:57
Investec has set out a private client growth strategy built around what it calls a “high-touch, advice-led” proposition, backed by digital banking, wealth management and 24/7 client support. In South Africa, Investec wants to grow from 128,000 private banking clients to about 250,000 by 2030, adding roughly R3-billion in operating profit. In the UK, it plans to add about 5,000 private banking clients and contribute an additional £25-million in operating profit.
