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Supreme Court saves banks in cases of Swiss franc loans

23:21

Supreme Court saves banks in cases of Swiss franc loans
Source: Libera & Partners

The Supreme Court upheld the position that the claims of the bank and the consumer are independent and do not automatically compensate for each other, the Supreme Court announced on Friday after the resolution of the Civil Chamber regarding foreign currency loans.

Izabela Libera, the managing partner and founder of Libera & Partners, explains that by adopting today's resolution, the Supreme Court saved the banks from total sinking.

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