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Card fees on agenda

Bahrain News
Sat, 19 Nov 2016


MANAMA: The Central Bank of Bahrain (CBB) could soon be authorised to issue a ban on levying additional fees on credit card owners for their purchases and transactions. 

A draft law amending articles of the law on CBB will be on the agenda of parliament’s weekly session on Tuesday. Under the proposed legislation, the monetary institution would be authorised to issue regulations to protect customers of financial institutions.