Bloomberg News

Monti Cabinet Passes Law Restoring Bank Commissions, Ansa Says

March 23, 2012

Prime Minister Mario Monti’s government passed a decree law today restoring the right of banks to charge commissions of up to 0.5 percent on loans and other credits, news agency Ansa reported.

The banks had been barred from charging commssions in a separate law that received final approval yesterday. Today’s decree reverses that element of yesterday’s bill.

To contact the editor responsible for this story: Andrew Davis at abdavis@bloomberg.net


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