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Fewer complaints filed with market watchdog

Hungarian financial market watchdog PSzÁF received 1,994 complaints in the fourth quarter, 13.7% fewer than in the previous quarter and down 27.1% from the same period a year earlier, data published on PSzÁF’s website shows.

Complaints against banks fell with the exception of complaints about foreign currency-denominated personal loans and overdrafts. The number of complaints against insurers dropped 6.2% in Q4 from the same period a year earlier.

Complaints against banks accounted for almost three-fourths of the total. Complaints against financial companies made up more than one-fifth. (MTI – Econews)