What gives banks reason to raise fees and commissions? Who can influence this process?
Banks use fee and commission revenues to improve the quality and security of the services they provide. The market dictates the cost of banking services and this is not a one-way process.
Why is the trend of rising interest rates on savings so slowly in the country?
The main reason is the huge liquidity in the banking sector, which is fueled by the deposits of households and businesses.
What does the “comfort” of the Governor of the BNB depend on in this position?
People in important public positions should feel out of place, but not comfortable. If they’re looking for comfort, they’re not for those positions.
What is your recommendation for better money management – to entrepreneurs and to each person?
Common sense and at least basic financial literacy.
