Comments on: Banks milking off clients in Southern Africa!

By: Tony

Tony — Tue, 21 Apr 2009 15:50:35 +0000

The present global economic crises has made the situation worse than it was before now. Customers are getting reaped-off with secret charges that are posted in little amounts into their accounts. When asked the bankers gives technical terms that make no sense as the name of those charges. Too many customers don't see the need to get into argument since the amounts are usually less than $1, but when that is multiplied into millions, then you can guess why the milking has not stopped. I really wish the regulators will live up to expectation and stop this fraudulent practice.Tony´s last blog post..Email Marketing

By: Iron Works NJ

Iron Works NJ — Tue, 09 Dec 2008 10:11:03 +0000

The bank situation in Eastern Europe is not optimiistic at all. No credits, no money from deposits. It is horrible. The crysis disrupt banking system greatly.

By: The blog about everything

The blog about everything — Tue, 28 Oct 2008 23:01:23 +0000

The big banks in the US milk their customers too maybe not as bad but some fees are ridicules.

By: Amica

Amica — Sun, 26 Oct 2008 21:30:59 +0000

Things like that couldn’t be surprising if there is not sufficient competition in the market, which means lack of investments, which can also mean protection of certain banking groups by government officials. This problem isn’t only economical, but has certain degree of politics. All in all it depends on government to create auspicious financial climate in the country.

By: Jordans

Jordans — Mon, 20 Oct 2008 23:46:08 +0000

“most commercial banks in the country are making profits because of their good management and are innovative.”

You have to understand that a lot of these “rich” companies try to make every dime possible. For example i went to the fair and they only accepted cash, they knew over 70% of people came with cards, they charged a $4.00 atm fee! There was at least over 10,000 people there…

By: street fights

street fights — Sat, 18 Oct 2008 02:41:10 +0000

Yes, there are plenty of other countries having this happen to them as the citizens slowly realize whats going on.

By: Malcolm

Malcolm — Fri, 10 Oct 2008 08:48:42 +0000

The problem of milking off clients is not only in Africa. Every bank always has some extra profit from its clients & it’s unstoppable

By: www.conferencecallspot.com

www.conferencecallspot.com — Fri, 03 Oct 2008 17:23:25 +0000

This blog is excellent. This article reminds me kind of about the US banking market now with the abuses that have gone on far to long.

These big banks need to take accountability , for if they are part to blame for there nations economy , and the economy in the long run falters because of THERE actions both direct and indirect they too will face fiscal woes.

Banks can only survive so long without a good economy and if they crash and burn the very economy that fuels there business they too will crash hard. To use an analogy Its like foresting if you do not plant new tree’s you wont be in business 12 years , 16 years down the line because there will be no more tree’s.

Its sad that these business’s do not foresee the problems they are creating which truly effect all. Its also evident looking at the US banking debacle that there is no such thing as “‘ its only that country’s banking system flunking we do not have to worry “” because the US banking problems have had a ripple effect globally. There is no such thing these days as ” just a small country ” what effects one nation truly effects the entire world.

I am going to add your blog to my blog roll , it is good reading. Sometime in the near future hopefully I will have a social blog to roll out and will add your link there instead but for now I can add this to my other blog.