In 2016, UniCredit bank was charged in three cases for multiple legal actions on grounds related to abusive clauses in loan contracts. The details are outlined below:

Pg 136- "In 2015, 9 legal actions alleging unfair commercial practices by UniCredit Bank SA were brought to Courts by individual customers on grounds related to alleged abusive clauses in loan contracts.In 2016:• Two legal actions were definitively won by the Bank. • Three legal actions were lost by the Bank, however, the decisions of Courts were not based on unfair commercial practices. • One was partially lost by the Bank. However, Court’s conclusions were not based on unfair commercial practices.• One was suspended. • Two legal actions are still on going."

Alexandra Satok.....2017-05-31 02:04:48 UTC