Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Raiffeisen Bank, 100K RON fine for illegal interest rate manipulation

The National Authority for Consumer Protection (ANPC) has issued a fine to Raiffeisen Bank worth 100,000 RON (rd 20,280 euro) for incorrect commercial practices and decided to suspend the bank's activity regarding this behaviour, the first time such a measure was applied n Romania, as well as ordered it to return the illegally cashed commissions from customers, the ANPC informs.The 100,000 fine was issued to Raiffeisen Bank after the bank ignored a binding legal ...

Article accessible to subscribers only. Please login or subscribe.

More