House threatens bank over increased charges

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House threatens bank over increased charges
 © CyprusMail 2020
Lawmakers are urging banks to rethink a planned hike on commissions and charges which are poised to gouge customers, particularly those on lower incomes.

Chair of the House finance committee Angelos Votsis (Diko) said on Monday that MPs will be writing to the banks association, asking it to weigh in on the steep fee increases to be soon charged by Bank of Cyprus.

A similar letter would meantime be addressed to the finance minister, urging him to intervene.

The new Bank of Cyprus charges, which in many cases will double, come into force on...


This article was automatically added to our system 11-11-2019

House threatens bank over increased charges


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