Topic: banking licence fees
Premier: Higher bank licence fees just the ‘opening salvo’
Senior officials signalled that the government is exploring new fee structures to force banks operating locally to pay more to government and create jobs for Caymanians.
Fears over higher bank charges due to proposed licence fee hike
The Cayman Islands Chamber of Commerce is warning that bank customers could face higher bank fees, more expensive loans and costlier business banking services due to government plans to increase licensing fees.
