Two weeks after Prime Minister Mia Mottley mandated Governor of the Central Bank Cleviston Haynes to investigate the issue of bank fees, there is still no clear indication yet as to what ease could be on the horizon for business clients.While reporting that discussions with the commercial banks have commenced, Haynes opted not to give a firm timeline on when those discussions were likely to come to an end or what measures were being contemplated at this stage.Commercial banks have already submitted requested information to the Central Bank specific to debit card fees.“We have initiated discussions with the banking sector. Those discussions are not yet complete so I wouldn’t want to prejudge the outcomes of that at this point,” said Haynes.
