The rights of borrowers
The rights of borrowers
In an interview to journalist Christodoulos Christodoulou (CYBC 2, Biz-Εμείς, 09/05/2014), Christophoros Christophi explains the rights of consumers that made loans from commercial banks in view of the haircut and the economic crisis and the inability of thousands of borrowers to repay their loans. Specifically he makes reference to the rights of borrowers to ask restructuring of their loans from banks taking into account the relevant directives and code of conduct of the Central Bank of Cyprus and other related matters.