The Federal Antimonopoly Service (FAS) of the Russian Federation fined Pochta Bank 500,000 rubles for violating advertising legislation, the department said in a statement.

FAS fined Pochta Bank 500 thousand rubles for information about a 4% loan rate

The credit institution, when announcing the “Guaranteed Rate” option, indicated in large print information attractive to consumers about the interest rate on the loan starting from 4%, but information about the conditions that affect the cost of the loan and the possibility . participation in the promotion was written in an illegible font, explains the FAS.

The Antimonopoly Agency considered that in this way consumers received incomplete information about all the conditions of the promotion, which determined the cost of the loan.

In 2023 for a similar violation of the FAS fined Otkritie for 300 thousand rubles and Sber for 600 thousand.

Author:

Anastasia Marina

Source: RB

Previous article‘The Crew Motorfest’: a diverse title where you can spend hours playing
Next articleThe premiere date of Steven Spielberg’s long-awaited Apple TV + series “Masters of the Air” has already been announced
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here