Press Room

2019/01/22

The best cars for students and graduates

Posted in category: Consumer Education

Vehicle purchasing decisions are no longer governed by the notion of “I want a car” but rather by “my lifestyle requires a car” - and being a student is no different. Moving from one class or campus to another, and adhering to employment obligations, for some, can prove to be difficult without a set of reliable wheels.

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2019/01/08

Breakeven Points: Trading down for lower car repayments could cost more in the long run

Posted in category: Consumer Education

Many South African motorists who are feeling the burden of inflation, soaring fuel prices, the recent repo rate hike and last year’s VAT increase are now considering moving into more cost-effective cars. A simple switch from an expensive gas guzzler to an affordable runabout might seem like a wise move, but the transition alone can be costly and there’s certainly an optimum time to trade in a car that motorists should bear in mind.

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2018/12/14

WesBank shares some holiday safety tips

Posted in category: Consumer Education

After a long year of employment obligations, family responsibilities and the likes, time away to relax and have fun is a definite must do at the end of the year. This is precisely why many families plan vacations which are meant to give everyone a break from it all.

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2018/12/11

Some helpful advice for managing your finances over the festive

Posted in category: Consumer Education

The festive season is almost in full swing and many of us are preparing to celebrate with friends and family. Although an enjoyable time of the year, there is always the potential risk of overspending as we seek to relax and spoil loved ones with expensive gifts, outings and fun experiences. If finances are not managed effectively many of us could find ourselves with some very real and burdening financial challenges at the start of the year.  

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2018/12/03

Interest rate hike impacts new vehicle sales

Posted in category: New Vehicle Sale Commentary

New vehicle sales continued to decline during November, noticeably impacted by the interest rate increase in the third week of the month. According to the National Automobile Association of South Africa (Naamsa), the new vehicle market declined 4.6% to 47,486 units compared to November 2017, meaning sales year-to-date have declined 0.9%.

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Spokespeople profiles

WesBank - CEO
Chris de Kock

WesBank - CEO

Chris de Kock took over as CEO of WesBank on 01 October, 2013 after occupying the Head of Sales and Marketing role for five years. He joined WesBank in 1987 as a New Business clerk in the Motor division and spent time working in the Corporate, Marketing, Fleet and Insurance divisions. Chris has a Bachelor of Commerce degree from UNISA and completed the Advanced Executive Program at Harvard in 2005.

WesBank - CEO of Corporate
Gerald Burton

WesBank - CEO of Corporate

Gerald Burton was appointed CEO of the Corporate Division in September 2016 after filling the position of General Manager of Corporate Division since 2009. His role requires him to focus constantly on building and delivering Instalment Sales, Leasing, Rental and Fleet Management solutions for the South African corporate market. Gerald joined WesBank in 1991 in a sales role and has over the years, contributed extensively to both the Retail and Corporate divisions at the bank.

For more information, contact us

Telephone: (011) 632 6000

Email: pr@wesbank.co.za