March 7, 2019 / 12:11 PM / 3 months ago

Czech central bank sets rules for early mortgage repayment charges

PRAGUE, March 7 (Reuters) - The Czech National Bank set rules for charges applicable by banks on clients who repay their mortgage loan early, it said on Thursday.

Banks cannot charge the clients for brokerage fees or lost interest income from mortgages paid early, the central bank said in a statement in which it clarified a section of the state’s consumer loan law.

Reporting by Robert Muller

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below