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3 年前
Hungary court rules against Erste Bank in loan refunds case
2014年9月10日 / 下午12点52分 / 3 年前

Hungary court rules against Erste Bank in loan refunds case

BUDAPEST, Sept 10 (Reuters) - A Hungarian court rejected on Wednesday a lawsuit brought by the local unit of Austrian Erste Bank to challenge a new law mandating refunds to clients on loans, Judge Csaba Balsai said.

The first-degree ruling is open to appeal.

The refunds, which the government says are to compensate clients for past unfair lending practices, could cost the bank sector in Hungary up to 3 billion euros ($3.87 billion), the government has said. Banks have challenged the legislation in court. (1 US dollar = 0.7745 euro) (Reporting by Marton Dunai; editing by Susan thomas)

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