The United Arab Emirates central bank will come up with new rules to prevent the Gulf Arab country's banks from charging excessive fees, its governor was quoted as saying by a news website on Wednesday.
"I agree that banks have increased their fees and commission rates and not interest rates," Sultan Nasser al-Suweidi was quoted as saying on www.emirates247.com website.
"There is a new set of regulations that are coming, and the central bank will intervene because matters are getting out of control," he said.
No comments:
Post a Comment