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K&P EU Bulletin 3

BANKING AND FINANCE LAW

CJEU loan in Swiss francs unfair terms in consumer contracts

K&P EU Bulletin 3

On 09.07.2020, the CJEU delivered its judgement in Case C-81/19 NG and OH v SC Banca Transilvania SA concerning the unfairness of a term of a refinancing agreement denominated in a foreign currency, namely in Swiss francs.

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