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Helvet Immo loans: BNP Paribas subsidiary owes borrowers 127 million

2020-09-26T09:56:37.740Z

BNP Paribas' main credit subsidiary must immediately pay compensation "in the order of 127 million euros" to borrowers in the Helvet Immo loan case after its conviction at first instance in February, told AFP. lawyer of the subsidiary. "There are still some adjustments, but it will be in the order of 127 million euros," Philippe Métais told AFP on Saturday, confirming information from the Parisian



BNP Paribas' main credit subsidiary must immediately pay compensation "in the order of 127 million euros" to borrowers in the Helvet Immo loan case after its conviction at first instance in February, told AFP. lawyer of the subsidiary.

"There are still some adjustments, but it will be in the order of 127 million euros," Philippe Métais told AFP on Saturday, confirming information from the Parisian.

The president of the court of appeal dismissed BNP Personal Finance on Friday, which had requested a halt in the provisional execution of the large damages and interest pronounced by the court on February 26. The lawyer indicated that he was studying the possibility of an appeal against this decision, pending the appeal hearing on the merits.

Source: lefigaro

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