Johannesburg - The 2011 Euromoney Private Banking Survey has ranked FNB Wealth as the best private banking services provider in SA and in the rest of Africa.
The annual Euromoney Private Banking Survey provides a review of the best services in private banking. It covers both global and regional categories and includes over 65 countries and the vast array of services that wealth management provides.
Factors such as assets under management, profitability and services offered, among other things, are all considered when ranking the top private banks.
"We are very proud that our private banking services have been recognised by the industry," said Iris Dempsey, CEO of FNB Wealth on Wednesday.
"With our asset management specialist, Ashburton, recently winning their third consecutive Raging Bull award, along with this Euromoney Private Banking award, we are well placed to take full advantage of FirstRand's expansion plans into Africa and India," said Dempsey.