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The President of the Competition Council, Bogdan Chirițoiu, explained on Antena 3 CNN that the authority is checking whether the mechanism used by the Credit Bureau for calculating the FICO score limits competition between banks and affects customers' ability to switch from one financial institution to another. #BăncileRomânești #ScorFICO #Concurență (translated)

The banks participating in setting the ROBOR monitored their quotes, and even though they did not have a time cartel agreement, communications between them led to the distortion of the index, which impacts loans in lei, explained the president of the Competition Council, Bogdan Chirițoiu, at a press conference regarding the Plenary's decision. #Concurență #Bănci #ROBOR (translated)