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Đi vay tiền ngân hàng bị ép mua bảo hiểm: Có thể phạt ngân hàng đến nửa tỷ đồng

Borrowing money from the bank and being forced to buy insurance: Banks can be fined up to half a billion dong

The new draft decree adds a provision for heavy penalties for attaching non-compulsory insurance to banking products, with fines ranging from VND400-500 million, to strengthen the protection of customer rights and tighten financial market discipline.
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Ministry of Information and Communications issued on March 24, 2022

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