Banks have swum in billions by paying little to nothing for customer deposits. But with an increasingly savvy consumer threatening to ditch the lenders and take their money elsewhere, the banks are raising interest on deposits to entice savers.
Should you keep your money in the bank?
Rina Hicks, Operations Director at Faida Investment Bank, looks at the pros and cons of keeping your cash in the bank.
Host: Kepha Muiruri
Guest: Rina Hicks
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