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Polish banks advised to refund interest on non-interest loan costs after CJEU ruling

The Polish Bank Association recommends that banks refund interest collected on non-interest loan costs, following an April CJEU ruling that such charges violate EU law. This guidance could lead to significant compensation costs for Polish lenders and may set a precedent for other EU member states.

Rzeczpospolita1 day agoPLCredibility 29%View source

Score Breakdown

Mosaic Score5.1
Confidence0.7
Significance0.5
Source credibility0.3

Intelligence Tags

#banking#consumer-protection#eu-law#poland#courts

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