It is noted that, according to banks, the bill proposed by the government may upset the balance of interests of creditors and borrowers, as it too expands the rights of clients.
“Individual clients, in order to generate income, may specifically apply to financial institutions, regulatory authorities and the court, challenging any additional services,” the bankers warn.
ADB warns that market participants may refuse to issue credit cards in favor of cash loans.
At the end of August, it was reported that, according to the Bureau of Credit Histories, in July, the proportion of citizens using credit cards immediately after receiving, reached an all-time high.