News » January, 2011 » 17 January 2011
Bankers late with adjustment of loan application processing fees
17.01.2011, 00:08 | Finance-Banks | 842 views
Banks continue to charge loan application processing fees calculated as a percentage of the value of the loan, although the law on loans to consumers in force since the end of last year requires them to charge clients a fixed amount regardless of the loan value. Most banks used to charge a percentage of the loan value as their fee and the new regulations caught them off-guard. The clients that borrowed more money paid more, even though the bank did the same amount of work, because procedures by product category do not vary according to loan value. Read more on ZF.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|
