Banks increased their fees over the second half of the nineties and their interest margin fell as a result.

Name: Banks increased their fees over the second half of the nineties and their interest margin fell as a result.
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Question

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During the second half of the 1990s, banks faced increased competition and regulatory changes, which led to a reduction in interest margins. To compensate for the reduced margins, banks increased their fees.

Banks Increased Their Fees Over the Second Half of the Nineties