How Nigerian Banks Make Money From You without You Knowing
4 Articles
4 Articles
How Nigerian banks make money from you without you knowing
Beyond the interest they earn on loans, they embed charges into services you use every day. Tiny deductions on your balance, hidden spreads on currency purchases and quiet penalties on inactive accounts can accumulate into significant costs over time. By recognising how banks extract value from routine transactions you can choose account types wisely, avoid unnecessary services and keep more of your earnings. Understanding these hidden revenue s…

Sparebank1 Nord-Norge is waiting until August to lower its interest rate. They could make over 40 million from that. – Bad manners, claims lifelong customer.
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