Supreme Court of cassation

Banks must submit an offer to clients before concluding a loan agreement

The Supreme Court of Cassation made a decision that banks must submit an offer to clients before concluding a loan agreement, as well as that they are obliged to specify the costs that the client has in addition to the regular ones when concluding a loan agreement, lawyer Miroslav Živković said at today's conference. He stated that the VKS decided that the offer must precede the contract, and that in practice banks do not have an offer in 80 percent…