President will appeal for change in banks' lending policy
October 15, 2012
Poland's President Bronislaw Komorowski will address financial regulator KNF to have banks increase availability of credits to young people with fixed-term work contracts and of bank guarantees to small and medium-sized firms, the President told PAP Polish news agency.
"I intend to motion with the financial supervisor KNF to bring about a change in banks' practices in order to eliminate redundant limitations hindering access to credits and guarantees," Komorowski said.
"It's not a problem of additional financial means or law changes, only changes in banks' practice," he added. "And this practice today to a very large extent reduces the actual possibility of functioning for young people and small and medium-sized business."