February 03, 2009, 8:49 CET
Gyurcsány slams banks as having too much control over clients
Banks have too much power over their clients, and more regulation is needed to curb the imbalance, Prime Minister Ferenc Gyurcsany said on Monday after meeting banking representatives and regulators.
Gyurcsany said banks had too much scope to make unilateral changes to client contracts.
"We expect more help from banks," he said.
Gyurcsany met with representatives from the Hungarian Bank Association, the Competition Office and financial market regulator PSZAF to discuss better protecting clients of banks and financial service companies.
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