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Banks have swam in billions by paying little to nothing for customer deposits. An increasingly savvy consumer has however threatened to ditch the lenders and take their money elsewhere begging the question whether one should keep money in the bank. Faida Investment Bank Operations Director Rina Hicks looks at the pros and cons of banking your cash.


Make Money, is a podcast series from Business Daily Africa unravels ways to be financially savvy. This is Season 3, where we’ll be sharing practical tips and advice on how to increase your income, build wealth, and achieve financial freedom in Kenya. Whether you’re just starting out or a seasoned investor, we’ve got something for everyone. Our guests will be experts in their fields, sharing their insights and strategies for success. We’ll also feature inspiring stories of people achieving financial independence, showing you that making money and creating the life you want is possible.