(MTI) – It is “unacceptable” that the Banking Association has put the president of the republic under pressure “in an aggressive manner,” Antal Rogan, leader of the Fidesz parliamentary group, said in a statement on Monday.

Over a long period of time, the banks have “damaged” 1.3 million Hungarian families “with their unfair practices,” and they should be properly held to account, Rogan said.

Earlier today the Hungarian Banking Association has President Janos Ader not to sign legislation on bank refunds to clients, which is expected to cost lenders around 1 trillion forints, and send it to the Constitutional Court instead.

Rogan said the Kuria, Hungary’s supreme court, ruled that the banks had been unfair by charging the exchange-rate margin in foreign currency loan contracts and making unilateral changes, and parliament’s decision is based on the Kuria’s ruling, he said.

Parliament’s approval of legislation on bank settlements is in the interest of households, and they should not have to wait any longer for compensation, he added.

Rogan said he had asked President Janos Ader “not to let the banks exert pressure, and sign the law which is based on the ruling of the Kuria.”

Photo: MTI – Szilard Koszticsak

Source: http://mtva.hu/hu/hungary-matters

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