Ghetea: Any Incorrect Court Ruling On Abusive Clauses In Loan Contracts May Harm Banks

05.31.2013 By Ioana Tudor

Banks in Romania ought to have eliminated all abusive clauses from consumer loan contracts, as a Government emergency ordinance which took effect in 2010 required their elimination by September 21, 2010, Radu Ghetea, head of Romanian Banking Association (ARB), said Friday.

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Keywords:: ARB; , ABUSIVE CLAUSE; , ORDINANCE

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