We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » October 11, 2017
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
New regulation hits FX loans lenders
October 11, 2017   
Article's tools:
Print

The Polish government could set the rate for the quarterly contributions from banks to the new FX borrowers relief fund at 0.2% of FX-loan book, well below the 0.5% cap first put into legislation, the daily Parkiet writes citing unofficial information.
That would put the total annual cost to the sector at PLN 1.1 billion assuming FX mortgage loan book value at PLN 140 billion.
The reduction of the rate is to be introduced on concerns over the condition of banks with large FX loan books, worse capital position and lower earning capability such as Getin Noble, BOS or BGZ BNP Paribas, the paper claims.
© The Warsaw Voice 2010-2015
E-mail Marketing Powered by SARE