Federal Antimonopoly Service sues Bank Uralsib
14 August 2008 (07:53)
Sverdlovsk Region’s division of the Federal Antimonopoly Service laid a claim against Bank Uralsib for the company’s alleged violation of the federal advertising law, the spokesperson for the Service reports.
The bank’s advertisements devoted to their car loans, mortgages, and a grace-period credit card were reported to lack some essential information on the products. The Service believes Bank Uralsib’s ads thus violate Article 5 (part seven) of the federal bill on advertising.
The case is to be considered by Sverdlovsk Region’s division of the Federal Antimonopoly Service’s Committee on August 15, 2008.
The bank’s advertisements devoted to their car loans, mortgages, and a grace-period credit card were reported to lack some essential information on the products. The Service believes Bank Uralsib’s ads thus violate Article 5 (part seven) of the federal bill on advertising.
The case is to be considered by Sverdlovsk Region’s division of the Federal Antimonopoly Service’s Committee on August 15, 2008.
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