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Franak: Supreme Court ruling entitles former CHF loan holders to sue banks for overpaid interest

Author: Vojo Micak

ZAGREB, April 2 (Hina) - The Franak association of holders of loans previously denominated in Swiss francs said on Tuesday that the Supreme Court had ruled that people who had converted their CHF-denominated loans into euro loans under the Consumer Credit Act were entitled to sue banks and seek a refund of money that banks had taken from them illegally.

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