www.g4media.ro/bogdan-chiritoiu-anunta-o-noua-inve
The Romanian Competition Council is launching an investigation into banks regarding the FICO score methodology, which may disadvantage clients seeking loans from multiple banks. President Bogdan Chirițoiu expressed concerns that this scoring system could hinder customer mobility. The investigation will involve more banks than the previous ROBOR case, with findings expected early next year. Potential penalties for violations of the law are possible. This follows a previous investigation where 10 banks were fined for allegedly manipulating the ROBOR index. The banks involved and the National Bank of Romania have denied the accusations and plan to contest the fines in court.
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