Penalties for banks for imposing services on customers could increase tenfold from 2025. This could lead to an increase in credit interest rates for consumers, warned Alexey Klyuev, head of the Bankruptcy and Disputes practice at the law firm Bishenov&Partners. His words were quoted by the agency “To hit the primer”.
The State Duma is considering increasing fines for deceiving customers by banks. The bill proposes setting the fine at 0.1% of the capital.
The lawyer is sure that some banks will try to compensate for the increased sanctions risk to the detriment of consumers. They will find legal ways to increase loan interest. As a result, loans will become less profitable for Russians, Klyuev concluded.
Before reportedIt was stated that VTB and MTS Bank increased their deposit rates without waiting for the Central Bank’s key interest rate decision.
Russians before It has been saidHow can we distinguish honest microfinance institutions from scammers?
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Source: Gazeta
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