Floor Clauses and Some Clarity

January 19, 2017
These days, we are witnessing a surge of news related to the role of banks and their relationship with clients, due to the echoes of the recent CJEU ruling on the Supreme Court's judgment concerning the so-called floor clauses incorporated into many mortgage loans.

Reasoned criticism is legitimate, and the sector willingly accepts its share of responsibility when it has not acted correctly. However, indiscriminate, uninformed, or even worse, self-serving criticism only generates confusion among citizens, in an attempt to fish in troubled waters.

Read the article by Javier Rodríguez Pellitero, Secretary General of the AEB, published in El Mundo.

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