February 4, 2023


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Warsaw.  The financial speaker wants clarifications regarding the announcement of loans in English.  Ukrainian

Warsaw. The financial speaker wants clarifications regarding the announcement of loans in English. Ukrainian

‘Financial Ombudsman received signals Melwan Sp. z oo is based in Warsaw (hereinafter also referred to as: the Company), operating under the brand “Coiled 24”, offers a consumer loan to people coming from Ukraine,” we read in Monday’s announcement from the Financial Ombudsman.

As added, an advertising banner was placed near Dworzec Zachodni, and suggested The conditions were not favorableAs is evident from the given APRC at the level of 1993.51 percent.

“The Financial Ombudsman, by taking action ex officio, requested the Board of Directors of the Company to expeditiously explain the content of the advertisement, the costs of the consumer loan offered therein, and to send all information and documents relating to loans already granted on the terms announced.” – It has been announced.

As shown, the financial ombudsman also spoke Polish Association of Credit Institutions (PZIP)to which Milwan Polska belongs, “to present the position of the union in this regard.” “In particular, the financial Ombudsman inquired about Circumstances of the advertisement placed in Dworzec Zachodni in Warsawindicating whether PZIP has taken action against the company in this matter and whether it is monitoring the company’s fulfillment of the announcement to remove the relevant advertisement from the public space” – was written.

The Financial Ombudsman assured that, as part of his statutory powers, he would respond to any signals received regarding financial services provided to Ukrainian citizens. “In particular, it is about checking credit products in order to ensure compliance of credit terms with applicable legal provisions” – he explained.

The Financial Ombudsman said he is also one of the partners of the “We are All Consumers” campaign, in which the following organizations: ECK, UOKiK, UKE, UKNF, UTK and UODO are participating. As part of this, the Financial Ombudsman will be reported in both Polish and Ukrainian Consumer rights and obligations in the local financial market.

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