Bank Interest loan

9% interest rate on loans: petition challenges legality of central bank decision

The petitioner said the central bank’s decision may severely affect the already suffering banking sector and such restriction about reducing the interest rate is unlawful against establishment of financial policies and international practices of free market economy.

March 1, 2020
March 1, 2020

9% interest rate on loans: petition challenges legality of central bank decision

The petitioner said the central bank’s decision may severely affect the already suffering banking sector and such restriction about reducing the interest rate is unlawful against establishment of financial policies and international practices of free market economy.