Polish banking sector seen stable and solvent
March 10, 2017
The Polish banking sector is stable and solvent, with major challenges ahead including the FX loans restructuring, financial market regulator KNF head Marek Chrzanowski said on Thursday.
"The banking sector is liquid, stable and solvent," he said. "The dividend policy approved in December is a continuation of actions aimed at increasing capital and building proper levels of capital adequacy."
Among main challenges the sector is facing in 2017, Chrzanowski enumerated the implementation of resolution directive and restructuring of FX loan portfolios.
The regulator would like banks to accelerate the process of converting FX loans into PLN, he also said.