www.economica.net/ultima-ora-bancile-mai-primesc-o

BCR has lost its appeal against the Competition Council's decision to fine banks for improper ROBOR calculations. The Bucharest Court of Appeal upheld the ruling, following a similar decision for CEC Bank. The total fines amount to 700 million euros, with BCR liable for 577 million lei. The Competition Council's investigation revealed that banks coordinated their behavior regarding ROBOR rates, violating competition laws. Changes in the ROBOR calculation process are expected, limiting banks' access to market quotes during the fixing period. This affects interest rates on loans tied to ROBOR, impacting many borrowers.