Probe into banks' early repayment scheme widens

May 04, 2012

 

Hungary’s Competition Office (GVH) has widened its probe into Hungarian banks. The GVH suspects the banks formed a cartel from September 2011 to February 2012 to raise interest rates on forint loans for early repayment schemes. The probe was widened after documents were discovered that supported GVH's suspicions.

Full content: Realdeal.hu

 

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