business

It was a revolutionary ruling on WIBOR. Now there’s a twist

It was a revolutionary ruling on WIBOR.  Now there’s a twist

It was a revolutionary ruling on WIBOR. Now there’s a twist

At the beginning of November, the District Court in Katowice issued a groundbreaking decision on a PLN loan. According to it, the bank did not have the right to add to the WIBOR interest rate. As a result, the installment of this loan could be reduced from nearly PLN 6.7 thousand to PLN to about 1.7 thous. zloty.

Although it was not a verdict, but only a protective order, it could still be the beginning of a real “tsunami” in the entire banking sector. Especially if in other cases the courts started issuing similar verdicts.

#revolutionary #ruling #WIBOR #twist

Related Articles

Back to top button