Skip to content

NLB's response to the decision of the Constitutional Court to suspend the Law on limitation and distribution of foreign exchange risk between creditors and borrowers concerning loan agreements in Swiss francs

The Constitutional Court of the Republic of Slovenia adopted a decision on 10 March 2022 to suspend in whole the implementation of the Law on limitation and distribution of foreign exchange risk between creditors and borrowers concerning loan agreements in Swiss francs (the Law). The decision has been adopted unanimously. The implementation of the law has been suspended until the final decision of the Constitutional Court on the conformity of the Law with the Constitution. During this time the deadlines set for individual liabilities of banks do not apply.

alt text
“We believe that the Constitutional Court will establish the inconsistency of the Law with the Constitution and annul it in its entirety. In NLB, which together with eight other banks filed an initiative to review the constitutionality of the Law, we have repeatedly emphasized that the Law is unconstitutional in several respects, as it retroactively interferes with valid contractual relations, as well as violates the principles of legal security, equality, the right to private property and to free economic initiative. In addition, the Law is contrary to the EU’s acquis,” commented NLB’s CEO Blaž Brodnjak. 

The Constitutional Court decided to treat this matter absolutely preferentially. Until the final decision of the Constitutional Court on the constitutionality of the Law is made, the NLB will act in accordance with the applicable legislation and courts’ decisions, and will, at the same time, exercise all legal remedies at its disposal. A separate request for the review of the constitutionality of the Law was also submitted by the Bank of Slovenia.

Latest news

These are latest news

NLB Group: Here We Are a Part of Something Bigger
10.04.2025

NLB Group: Here We Are a Part of Something Bigger

By now, you know us well. You know that our deepest commitment extends to continuously providing our customers with meaningful services, maintaining stability, and fostering growth in the markets of our operations, as well as driving shareholder valu...

Read more
MUZA Gallery – the new home to the NLB Art Collection – opens its doors
26.03.2025

MUZA Gallery – the new home to the NLB Art Collection – opens its doors

As of today, Ljubljana got a new gallery. With the exhibition Echo | NLB Contemporary Art Collection in Dialogue, the new gallery MUZA, operating under the auspices of NLB, has officially opened its doors. The NLB Art Collection, which is considered ...

Read more
NLB Group Paves the Way to Achieving Strategic Ambitions with EUR 514.6 Million of Net Profit in 2024
20.02.2025

NLB Group Paves the Way to Achieving Strategic Ambitions with EUR 514.6 Million of Net Profit in 2024

Looking back at the 2024, it’s clear that it has been yet another strong year for NLB Group – one that will play a crucial role in shaping not only its future, but also in the development of the Southeastern European region in which the Group operate...

Read more

Seznam za primerjavo je prazen

Na primerjalnem seznamu ni shranjenih izračunov. Za primerjavo morate dodati nekaj izračunov.