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High Commercial Court partially upholds ruling on Swiss franc-pegged loans

Author: mses
ZAGREB, July 16 (Hina) - An association called Franak reported on Wednesday that it was partially satisfied with a ruling of the High Commercial Court that confirmed a segment of a first-instance ruling on the invalidity of interest rates in all banks, except Sberbank, covered by its complaint, however, the High Commercial Court overruled the ruling's segment on the nullity of loan contracts' provision on the Swiss franc foreign currency clause.

(Hina) ms

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