Mariusz Cholewa: In Finance, Transparency Matters
Mariusz Cholewa emphasizes the importance of having a comprehensive credit history database for financial security and market stability in Poland.
The banking sector expects to restrict credit to families due to a government law
The banking sector warns it will impose stricter conditions on consumer loans following a government law limiting the maximum interest rate they can charge.
Spain plans to ban credits and cards activated without the express consent of the customer
The Spanish Ministry of Economy is preparing a draft law to prohibit any granting of credit without the express consent of the consumer, aiming to stop financial practices that create undue economic pressure on clients.
Stop the abuse in small loans
A new draft law approved by the Council of Ministers in Spain aims to impose stricter regulations on consumer credit to protect vulnerable clients.
The Government puts a cap on consumer credit: 15% maximum interest, authorization from the Bank of Spain, and advertising control
The Spanish government has approved a draft law to limit consumer credit interest rates to a maximum of 15% amid rising inflation and increased borrowing by families.
The Government limits consumer credit rates for the first time to prevent abuses
The Spanish government has taken a significant step by approving a draft law that caps consumer credit interest rates and mandates supervision by the Bank of Spain for all lending entities.