www.gandul.ro/financiar/bcr-pierde-procesul-consil

BCR has lost its initial appeal to suspend a significant fine imposed by the Competition Council regarding the ROBOR index. The Bucharest Court of Appeal deemed the request inadmissible, although the decision can be contested at the High Court. BCR was fined 577.36 million lei, part of a larger investigation into banking practices. The Competition Council's sanctions total 3.73 billion lei across ten banks, marking the largest fines ever issued by the authority. The investigation revealed that banks coordinated their behavior, impacting the ROBOR index's establishment.