Press Release: Judgment in Case C-26/13. Árpád Kásler and Hajnalka Káslerné Rábai v OTP Jelzálogbank Zrt

Consumers who contract a loan in foreign currency must be able to assess the economic consequences of the application of a rate of exchange (the selling rate) to the repayment of the loan which is different from that applicable to the calculation of the amount of the loan when it is made available (the buying rate).

The national court may substitute a provision of national law for an unfair term in order to re-establish a balance between the parties to the contract and to preserve its validity.