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Banking without mercy (2)

Banking without mercy (2)

The tendency for banks to exploit customers to enhance revenue and profitability is reflected in the complaints below from two bank customers.

Publication of bank debtors:  Pointer to future reforms in industry

Publication of bank debtors: Pointer to future reforms in industry

In order to strengthen the soundness of the banking industry, the Bankers Committee at its last meeting agreed to publish in newspapers names of its chronic debtors. The Committe also agreed to deny such debtors access to foreign exchange. Shareholders in this interview commended this decision saying the incoming government should do a lot in the area of banking reform.

Banking without mercy

Banking without mercy

Some years ago, a couple opened a savings account for their children, twins, with one of the big banks, where they deposited all the monetary gifts received during the naming of the boy and girl.

Post elections: Stock market will bounce back, but

Post elections: Stock market will bounce back, but

Now that elections are over, especially the Presidential and Governorship, shareholders in this interview are of the opinion that the market will bounce back but not recover immediately, just as they said that the foreign investors that left the market to see the outcome of the elections will return back to the market.