trending Market Intelligence /marketintelligence/en/news-insights/trending/-N2wZOoNgviIBt1-OX8juQ2 content esgSubNav
In This List

Argentine consumer watchdog sues Banco Columbia for fees tied to life insurance

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Argentine consumer watchdog sues Banco Columbia for fees tied to life insurance

Argentine consumer defense association ADUC has filed a class-action lawsuit against Banco Columbia SA, according to a filing.

The ADUC is questioning the fees levied by the bank for life insurance and, more so, the terms associated with the fees, including "life insurance" and "total permanent disability," among others. The association said this practice is in violation of the law regarding credit products.

Banco Columbia said it is further analyzing the content and implications of the case in order to craft its response.