US EditionEuropean Justice Guarantees that Banks Do Not Explain How the Indexes Setting Interest on Variable Mortgages Are Calculated
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8 Articles
The Court of Justice of the European Union (CJEU) has ruled that banks providing variable-rate mortgage loans are not obliged to provide consumers with the details of the methodology used to calculate regulated benchmarks, such as the Polish Wibor, used to fix the interest on credit.In its judgment in Case C-471/24, concerning a real estate credit signed in 2019 by a Polish consumer with the PKO BP bank, the Court confirms that the Directive on …
Banks granting variable mortgages are not obliged to provide consumers with the details of the methodology used to calculate regulated reference indices used to set the interest rate. This has just been decided by the Court of Justice of the European Union (CJEU), in a new judgment. European justice agrees with financial institutions and dictates that they are not obliged to specify the way in which they determine the indices to which they refer…
On February 12, 2026, the Court of Justice of the European Union issued its first judgment regarding PLN loans based on the WIBOR index. This is a milestone in court disputes concerning this index.
What does the CJEU ruling on WIBOR mean? Experts comment - RMF24.pl - The Court of Justice of the European Union issued an important ruling for borrowers today regarding the WIBOR index. What will be the consequences of this decision? The Union, among others, took the floor.
The Court of Justice of the European Union has ruled that a clause in a mortgage loan agreement containing an index such as WIBOR does not create a significant imbalance between the parties to the detriment of the consumer. According to the CJEU, the bank is not required to provide the consumer with detailed information on the methodology for calculating this index.
The Court of Justice of the European Union has issued its first judgment in a Polish case concerning WIBOR-based mortgage loans.
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