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Alpha Bank - They looking confident!!

Posted: 18 Nov 2015 15:45
by Brookster
Recently received this reply from Alpha Bank in response to threatening them with going down the Court route:
I really hope they get dragged through EU courts and have to compensate all the Swiss Franc mortgage victims!

'Finally, in regards to the customers stated intention (as per your e-mail below) to pursue legal proceedings against the Bank, and for the avoidance of doubt, please be advised that the Bank rejects their allegations and is prepared to strenuously defend itself against such statements.

We strongly stress that it is not and it has never been our Bank's policy to give advice to prospect or existing customers as to what currency their loans should be denominated in. Such decisions always lie with the customers. Certainly our Bank did not advise the customers to change their existing Cyprus Pounds loan(that was granted on 200x) into Swiss Franc currency.