Barclays launches Premier Banking in Phikwe
Thursday, June 19, 2014
Premier banking services are targeted for high net worth clients
However, Barclays head of Affluent Segment, Andrew Madeswi said other customers can join the club on the discretion of a senior bank official. The service allows customers exclusive preferential interest rates including foreign exchange.
Madeswi said the bank takes pride in its global expertise and top class products, rewards and recognition for its customers.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...