The binding nature of the credit agreement

Estimated reading time (in minutes) Limitations on Breaking Credit Agreements Contractual integrity! A credit agreement , like any other  contract  , is a legally binding document that outlines the terms and conditions of a loan. However, it is essential to recognize...

Why can a bank refuse you a loan?

Estimated reading time (in minutes) Loan refusal! You want to take out a loan and the  bank  refuses to follow you. Does she have the right? For what reasons ? Yes, and without justification A bank does not have to justify a refusal and is entirely free to grant or...

Bank charges: all you need to know

Estimated reading time (in minutes) Bank surcharge! Better known as ” agios “, the operating costs of banks  can vary from one institution to another. How to react with your bank in the event of a payment incident? Agios Contrary to popular belief, agios...

Responsibility of the banker in the granting of credit

Estimated reading time (in minutes) Protection of borrowers: rules on breaking credit agreements and respecting notice periods Clarification of liability! In the field of credit agreements, it is crucial to  recognize  that banks cannot freely terminate credit...