AfricaComplaints.com » Business & Finance » Complaint / review: First National Bank - Day light | #195586

First National Bank
Day light

Inflation is defined as a persistent increase in the level of consumer price or declining purchase power of money.
None of your investment/savings accounts match or even come close to the inflation rate, so in other words investing or saving money with FNB results in a loss of money over time. Many of South Africans are not aware of this. How is this practise even acceptable yet you quick to borrow money at 30% p.a.

Date:

Company: First National Bank

Country: South Africa   City: South Africa

Category: Business & Finance

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