The Warsaw Voice » Business » News - July 13, 2018
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Billions at BFG
Poland's Banking Guarantee Fund (BFG) had PLN 18.6 billion in resources at its disposal at end-2017 plus PLN 3.6 billion in its new mandatory resolution fund, the institution said on its website.
Of the PLN 18.6 billion total, the core guarantee fund came to PLN 10.8 billion and the BFG's statutory funds came to PLN 1.6 billion. Banks also held PLN 6.3 billion in BFG-allocated funds on their own balance sheets at end-period.