Authority for Consumer’s Protection fines 15 banks for deceiving advertising

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The National Authority for Consumer’s Protection (ANPC) has fined 15 banks with total amounts of over RON 500,000 for unfair commercial practices regarding advertising activities, asking them to cease these practices, to rectify the contracts already concluded, to return the amounts received without legal basis and to suspend their advertising campaigns in order to observe the law, informs.

The control of the 15 banks was carried out during August 28-October 6 and aimed at observing the legal provisions regarding the ways or means of carrying out the advertising activities.

The 15 banks are: Raiffeisen Bank, Piraeus Bank, BCR, Bancpost, UNICREDIT, Credit Europe, CEC BANK, OTP BANK, BRD, GARANTI BANK, ALPHA BANK, ING, LIBRA INTERNET BANK, Banca Transilvania and Leumi Bank.

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