The Federal Antimonopoly Service (FAS) of the Russian Federation recognized as inadequate the advertising of the Alfa-Bank deposit, which reported a rate of 16% per year without indicating other conditions affecting the receipt of income: the amount and term of the deposit.

FAS considered advertising of the Alfa-Bank deposit on the radio inappropriate

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The announcement was distributed on the radio, the FAS said in a statement. The service also noted that the ad contained an incorrect comparison: it said that “The best rate in the country is at Alfa-Bank.”

The agency opened a case against the credit institution and considered the advertisement inappropriate. For violating the advertising law, the bank faces a fine.

At the end of April, the FAS recognized the advertising of Alfa-Bank’s children’s card as inappropriate, and before that, it opened a case against the bank for difficult-to-read footnotes in an advertisement for a loyalty program and opened a case. due to the advertising of the mortgage conditions on the radio.

Author:

Anastasia Marina

Source: RB

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