BIZNESNI RIVOJLANTIRISH BANK has been fined for violating advertising laws.
The Committee for the Development of Competition and Protection of Consumer Rights has imposed a fine on BIZNESNI RIVOJLANTIRISH BANK for violations of advertising laws.
https://uzdaily.uz/ru/akb-biznesni-rivojlantirish-banki-oshtrafovan-za-narushenie-reklamnogo-zakonodatelstva/2024-12-24 08:47:40
For instance, in advertisements with phrases like "Business loan of 1.5 billion, 17.5% annual interest" and "From 17% annual interest, mortgage for an apartment in a new building," key information was missing: the exact interest rate, repayment term, and other loan conditions.
Based on these facts, the Special Commission of the Committee initiated a case for violations of the laws "On Advertising" and "On Consumer Rights Protection." As a result, the bank was fined and received an order to rectify the violations and prevent similar situations in the future.