BANKING MEDIATION

Banking mediation concerns disputes between credit institutions and borrowers, individuals and/or legal entities, in order to restructure the non-performing loans. Mediation is imperative because of the volume of the loans, as well as because of the banking practice to recourse to justice, which may lead to positive court decisions, but without satisfying their interests. Banking mediation helps both parties to take advantage of the procedure, working on their interests and needs.