Banks decided to punish for imposing of an insurance on credits

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periodical e-edition "Lenta.ru" want to forbid the Russian banks imposing dopuslug at delivery consumer credits or loans. Exception will make only in a case when it is required to insure a pledge subject. Such offer made in the Ministry of Finance, newspaper "Kommersant" reports. In the ministry consider that such measures promote fair competition and will protect the rights of borrowers. In department prepared a package of amendments to the law. In particular, one of points says about compensation to the borrower of losses which it suffered owing to violation of its right for a free choice of services...
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Bank of Russia
Main activity:Insurance
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