Representatives: Gheorghe Piperea
Consumers Association: Asociatia Parakletos. Facebook.
FX LOANS IN ROMANIA – FACTS
Thus the main percentage of FX loans is held by Greek and Austrian banks. A mention for OTP – they sold 90% of their portfolio of FX loans to OTP Hungary and OPT Holand, thus those loans don’t appear anymore on Romanian statistics even the debtors are Romanian citizens.
- 4831/121/2014 – Galati Court
- 1730/114/2014- Buzau Court
In these causes the justice decided that the loan should be denominated (reimbursed at the course of CHF from the according date – approximately 2 lei/CHF; Now the course is 4,2 lei/CHF thus the costs increased more that 100%)
There are any others causes which are in progress.
Unfortunately there are some causes won by the banks so for the moment there is no unitary practice in Romania related to these causes.
Unfortunately in Romania the government decided to do nothing regarding this problem and asked banks to negotiate individually with affected people. We hope that for the future the government will be inspired by the actions taken by other country (like Hungary for example) in order to protect their population by these toxic loans that doubled the financial effort for families in just 5 or 6 years.
ABOUT PARAKLETOS CONSUMERS ASSOCIATION
The aim of the organization is to protect and promote the rights and interests of the consumers inside and outside the country. The association fights against economical abuses which manifests especially by the abusive clauses inserted in the contracts between consumers and economical entities.
On short term Parakletos intent to eliminate all abusive clauses from banking contracts intervening in the court clauses opened between ANPC (National Authority for Consumers Protection) and eleven Romanian banks.
On medium and long term, the Association will start a network of at least 10 branches in different districts in order to formulate actions in justice according to articles 12 and 13 from Law 193/2000 which permits to consumers associations to begin court cases in order to eliminate abusive clauses from all contracts of all consumers.
Other purpose of the association is to educate from financial point of view the population in order to protect citizen interests and rights.
The association was an initiative of Gheorghe Piperea, lawyer and professor in law which is its president. The members of the board of the association are: Ana-Maria Masoud, Beatrice Aldea, Calu Monica, Ilie Balasoiu and Bogdan Constantin Istrate.