Talks about OUG 50 move from Internet to bank branches
The end of the 90-day deadline by which the stipulations of Ordinance 50, regulating consumer loan granting conditions, should have been enforced only brought more fiery clashes between dissatisfied clients and banks, which have pushed the signing of additional documents to the last minute.
Thus, as branches were really crowded at the end of last week,
players such as RBS or Banca Transilvania exceptionally chose to
keep their agencies open during the weekend.
Tensions are thus amplifying the conflict between disgruntled
clients, who consider the ordinance also entitles them to lower
loan costs, while bankers consider they should not modify the cost
of loans with the modification of contracts.
Bankers again have a different interpretation of the ordinance
compared with clients, considering the 90-day deadline refers to
their obligation to send notifications to clients, and the
documents can be signed at a later date. In the case of clients
rejecting banks' proposals, there's no uniform approach, with
bankers specifying only case-by-case discussions would be held.