The OTP filed a constitutional complaint due to the interest rate freeze

OTP Bank Nyrt. has filed a constitutional complaint with the Constitutional Court regarding the law that elevates emergency regulations due to the armed conflict in Ukraine. The bank argues that the indefinite interest rate cap violates constitutional principles and interferes disproportionately with private legal relationships. They seek a ruling on the unconstitutionality of the law's provisions. Preliminary estimates suggest that about 10% of their 200,000 clients may be significantly affected by this change.