Banks fined in Romania for rigging benchmark rates
( June 7, 2026, 19:29 GMT | Official Statement) -- MLex Summary: ING Bank, Raiffeisen, UniCredit and Banca Transilvania are among ten financial institutions that have been fined a total of 3.73 billion lei (approximately €710 million) for coordinating aspects of the ROBOR benchmark-setting process. The illegal behavior came in the form of contacts and exchanges of information and may have affected the setting of interest rates for certain kinds of loans. The fine is the largest ever imposed by the Romanian watchdog. The statement is attached. ...
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