Loan officer suspended as first Banker's Oath violator

On Thursday a bank employee was suspended from working as a loan officer for six months because she looked at the information of multiple customers without having business related reasons to do so. She is thereby the first banker to be punished for violating the Bankers' Oath, which was implemented in April last year, ANP reports.

The disciplinary committee considered it proven that the employee did not work with integrity and care. She thereby violated the rules that apply for working at a bank, the judgment reads.

The Bankers' Oath was implemented in an attempt to restore confidence in the financial sector following the economic crisis. Tens of thousands of bank employees swore the required oaths.

The disciplinary committee also ruled on two other cases on Thursday. The one involved a bank employee that blocked the bank card of a customer in an effort to have the account holder contact the bank. This was after several failed attempts to make contact with the customer. The committee found that the banker did violate the oath, but as the matter was quickly resolved and both the bank and employee apologized, no punishment was given.

The other case involved a bank customer paying money to a bank employee's private account. This case was ruled inadmissible. According to the disciplinary committee, this is a private matter and can not be assessed by based on the banker's oath.