Imbert: Republic fee hike linked to asset levy
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Former minister of finance Colm Imbert has attributed Republic Bank Ltd’s (RBL) recent decision to increase banking fees to actions taken by the bank’s newly-appointed board, most of whom were selected by the current United National Congress (UNC) administration.
Imbert was responding to questions sent by Guardian Media about his views on the fee increases and whether government could intervene.
According to Imbert, the decision to raise fees was taken by RBL’s board of directors, the majority of whom were appointed by the UNC government in October 2025.
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