Statement from Romanya Merkez Bankası Defending Banks: ROBOR Lawsuits May Exceed Competition Fines

Recent statements from Romanya Ulusal Bankası (BNR) point to a new legal and economic tension that could deeply affect the country's financial sector.

Following the fines imposed on banks by the Rekabet Konseyi within the scope of the ROBOR (Bükreş Bankalararası Faiz Oranı) scandal, potential compensation lawsuits that customers could file have come to the…