Office of the Federal Antimonopoly Service (FAS) in Moscow has recognized the advertising of the Bank of Moscow for a loan is illegal. It is reported on Friday, April 22, Lenta.Ru citing a press release FAS. Credit institution instructed to dismantle the billboards, located in the heart of the capital. Advertising "Cash Loans 14.5% in rubles is located at the intersection of Big Ordynka and Pyzhevsky lane. According to FAS, no posters on information other than interest on the loan violates the Law on Advertising (Part 7, Article 5). Article 28 of the third part of the advertising law also says that the advertising services related to the provision and repayment of the loan, comprising at least one condition that affects its value, must contain all the other conditions necessary to calculate the actual cost of credit. In early April, the FAS has fined the Bank of Moscow for breach of competition law by 70 million rubles. Then the Bank of Moscow in the framework of the "Mortgage lending 'oblige borrowers to insure up to the effective date of the loan, and to abandon the insurance turned out to be impossible. To improve its reputation after the recently concluded between shareholders, the Bank of Moscow plans to launch a new advertising campaign, reports RIA Novosti news agency on April 22. Advertise with cheerful rabbits inform viewers about the changes in politics and governance of the bank. The new Bank of Moscow advertising helps animals by providing them with loans and other financial services.
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