Resurs Bank to appeal Finansinspektionen’s decision in order to gain clarity on the application of the Swedish Consumer Credit Act
Resurs Bank is taking measures to fully comply with the requirements stipulated in the decision of the Swedish Financial Supervisory Authority (Finansinspektionen) on 21 June. In parallel, Resurs Bank will appeal the decision since the bank believes that the application of the Consumer Credit Act is unclear. Resurs Bank has a robust credit assessment process, which Resurs Bank’s low credit losses also bear witness to.“We completely agree with Finansinspektionen’s view that responsible credit lending is important and central for counteracting over-indebtedness, which is also why we welcome a