Romania Central Bank: Class Actions Against Banks Won’t Undermine Financial Stability

09.06.2013 By Florentina Dragu

Romania’s central bank has notified the Justice Ministry of its conclusions regarding an impact study of potential collective lawsuits against commercial lenders, which shows the financial stability of the banking system would remain intact despite significant damages incurred by individual banks.

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Keywords:
CENTRAL BANK
, ABUSIVE LOAN CLAUSES
,