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Court stays the effects of ANPC Order 424 on loan repayments

PRESS RELEASES
16 June 2023
READING TIME: 1 MINUTE
Court stays the effects of ANPC Order 424 on loan repayments

On 16 June this year, the court suspended the effects of the ANPC order on how loan instalments are calculated. As a result, all measures ordered by ANPC are suspended until the lawsuits brought by the bank against the penalty notice and the ANPC order are definitively resolved.

At the same time, BT reminds customers that they can choose, either from the outset or during the life of a loan, the repayment method that suits them best — equal or decreasing instalments.

More details about the advantages and specifics of each repayment option are available here.

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