Competition regulator imposes fine of PLN 13.5 mln on Getin Noble Bank

The Office of Competition and Consumer Protection (UOKiK) imposed on Getin Noble Bank an approximate PLN 13.5 million penalty considering clauses that the bank uses in the templates of annexes to mortgage loans indexed to the euro and the Swiss franc. It, therefore, banned their use.The Office said that the bank used the currency exchange rate market available on Reuters as the basis for determining its exchange rates, which…