Resurs Bank must pay a fine of 50 million.

The Administrative Court has decided that Resurs Bank must pay a fine of 50 million kronor.

Resurs Bank, according to the Financial Supervisory Authority, has not followed the Consumer Credit Act, which led to a warning and the fine. The bank appealed the decision to the Administrative Court and got right.

The Financial Supervisory Authority appealed the ruling, and the Administrative Court now confirms that the Financial Supervisory Authority's decision on the fine applies, writes Resurs Bank in a press release.