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Banks believe court ruling does not apply to converted loans

Author: Vojo Micak

ZAGREB, July 13 (Hina) - The Croatian Banking Association (HUB) and Raiffeisenbank Austria (RBA) believe that the High Commercial Court ruling concerning the nullity of the currency clause for Swiss franc-indexed loans does not apply to loans that have been converted into euro or kuna-denominated loans under an amended law of 2015.

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