The Bankers Association of Trinidad and Tobago has launched its revised Code of Banking Practice – a document which intends to improve relationship between the banking sector and its customers.
BATT President Anya Schnoor says the updated policy measures will better serve the present financial and economic climate, and foster greater consumer confidence in the sector.
The raise in taxes for the commercial banking sector will impact their businesses in a significant way. Bankers Association President Anya Schnoor says the lack of consultation with them will have negative consequences.
It’s now four weeks since the Finance Minister’s 2017/2018 Budget Presentation, and the President of the Bankers Association of Trinidad and Tobago says she’s still unclear as to how the Minister’s tax increase on the commercial banking sector will be implemented, or what was his justification for doing so.
BATT President Anya Schnoor spoke on the tax increase at the Association’s launch of a revised Banking Code of Practice.