PRETPLATI SE

Franak association expects more than 100,000 lawsuits in CHF loans case by 2023

ZAGREB, Sept 18 (Hina) - Representatives of the Franak association, which brings together holders of loans originally indexed to the Swiss franc, said on Wednesday that the Supreme Court ruling of Tuesday constituted the final victory in their class action against eight banks and that by June 2023 more than 100,000 citizens were expected to sue banks over unfair terms regarding the currency clause in their loan contracts.

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