Dina //Gowases

BoN pledges to address soaring banking fees

BoN pledges to address soaring banking fees

Martin Endjala The Bank of Namibia (BoN) has committed to addressing the country's concerns about high banking charges amid public outcry. Sandra Garises, the bank’s acting spokesperson, told the Windhoek Observer last week that the bank is aware of the public outcry concerning high banking charges. “The bank is aware of the nationwide outcry about fees and charges and as the regulator of banking institutions, the bank has an obligation to ensure that fees and charges payable by customers for services rendered by banking institutions are determined in the public interest and are proportionate with the cost incurred in providing…
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