Foreign Currency Loan Corporation has already ruled


So far, at least six non-final judgments have been issued in which a court ruled that certain foreign currency loan agreements concluded by Good Finance Bank Europe SA and its predecessor Ella Bank (First Home Loan Commercial Bank Ltd.) were null and void, according to Goodbank. working group with MTI on Thursday.

The Metropolitan Court rejected a foreign currency debtors’ claim

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The civilian Goodbank group, which has formed several lawsuits so far, is responding to Wednesday’s announcement by Good Finance Bank Europe SA’s Hungarian Branch that the Metropolitan Court rejected a foreign currency debtors’ claim without issuing a summons.
According to Goodbank, the rejection does not mean losing, it is only that once the deficiencies have been rectified, the lawsuit can be reopened and it is noted that the first instance litigation was not initiated by Goodbank. They also point out that the Hungarian branch of Good Finance Bank is not litigious, only the parent company, Good Finance Bank Europe SA, can be sued.

Many of its clients that there is no currency behind their loan

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The Working Party insists that the Good Finance branch has informed many of its clients that there is no currency behind their loan. On Wednesday, however, Good Finance Bank did not admit that the bank did not have Swiss francs available for its foreign currency-based loan facilities, according to a statement issued by Good Finance Bank’s Hungarian branch.
In its communication, the Bank recalled that it is a fundamental feature of credit institutions that they finance their sources of credit on the basis of all their loan portfolios and not on the basis of individual credit agreements.

Banks are responsible at this level for the money of their depositors

Banks are responsible at this level for the money of their depositors

For maintaining the solvency of foreign currency lenders. Banks’ lending and borrowing activities are regularly monitored and audited by the relevant authorities.
The Goodbank Group is independent, non-governmental, and does not belong to any foreign currency-denominated interest representation. So far, it has founded five lawsuits against Good Finance and two lawsuits against Erste Bank. Lawsuits against Good Finance are suing a total of 100 contracts, with a total value of over one billion forints (MTI)