Foreign currency loans -calls on head of state to sign bank account lawUncategorized
Antal Rogán, leader of the Good Finance Parliamentary Group, asks President János Áder to sign the Act on Bank Accountability in a letter on Thursday.
Families that the settlement of the banks should not be delayed
In a letter, which was posted on his Facebook page, a pro-government politician wrote: “Parliament has decided to give justice to injured FX and Forint-based creditors, based on a court ruling.”
According to him, it is in the interest of 1 million 300 thousand Hungarian families that the settlement of the banks should not be delayed.
According to Antal Rogán, banks are obviously doing their best to slow down or disable settlement. He mentioned that they were trying to put pressure on the head of state as his latest tool.
The banks’ published arguments did not stand up
He pointed out that, in his view, the banks’ published arguments did not stand up. He called it a blatant argument that accountability puts a heavy burden on the Hungarian banking system, as all the forints to be repaid were taken out of the pockets of Hungarian families.
The Parliament, in its decision, only asks banks’ owners to give back to Hungarian families what they have paid their clients in the form of unfairly overpayment in recent years, according to the Court’s unity ruling.
The leader of the Good Finance faction emphasized that the Basic Law obliges the state and the parliament to take action against abuse of a dominant position and to protect consumer rights.
In Hungary, banks have concluded numerous forint and foreign currency credit agreements that are not transparent to the consumer, constitute abuse of a dominant position and severely violate the rights of borrower consumers, adding that this is why banks need to be fully accountable.
Antal Rogán declared the constitutional objections of the Hungarian Banking Association unfounded, noting that, with the exception of the moratorium on interest and fee increases, they do not apply to this law but to the legislation already adopted in July. In his view, the intention of the Banking Association is obvious: since banks are slowly exhausting all remedies, they are now trying to delay the settlement schedule.
Convinced that courts, including the Constitutional Court
Will make final decisions on the basic principles of accountability in the near future,” the pro-government politician wrote, stating that the courts will decide exactly how much money they have to repay. The interests of Hungarian families want banks to be settled immediately after these decisions, he added, emphasizing the need for current law to prevent banks from relying on IT changes, technical deadlines, and “other excuses known to be boring” .
Antal Rogán also told the head of state that the moratorium on interest and fees raised by banks is a temporary measure, and that Parliament must pass a law on transparent pricing of consumer loans.
The moratorium is a necessary measure, he continued, since in the absence of a settlement, the legal basis for any bank interest or fee increase would immediately be litigated.
The leader of the group, on behalf of Good Finance, said they were ready to discuss and approve this year’s law on transparent pricing for consumer credit. He asked János Áder not to allow the banks to exert undue pressure and sign the law after the reflection period.