Press Release: Judgment in Case C-186/16. Ruxandra Paula Andriciuc and Others v Banca Româneascã SA

When a financial institution grants a loan denominated in a foreign currency, it must provide the borrower with sufficient information to enable him to take a prudent and
well-informed decision.

Therefore, the seller or supplier must communicate all relevant information to the consumer concerned to enable him to evaluate the economic consequences of a clause on his financial obligations.