Poland could help banks to solve Swiss franc mortgage problem: finance minister

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXNPEB6U08A_M.jpg
© Reuters. Poland could help banks to solve Swiss franc mortgage problem: finance minister© Reuters. Poland could help banks to solve Swiss franc mortgage problem: finance minister

WARSAW (Reuters) – Poland’s central bank, financial sector supervision and finance ministry could help the nation’s banks to overcome the problem of Swiss franc mortgages, Finance Minister Jerzy Kwiecinski said on Friday.

“Support may concern some legislation that would allow banks to overcome this problem more smoothly,” Kwiecinski told reporters.

“I think that I can say it in the name of the Finance Ministry, but also other institutions, such as the National Bank of Poland and (financial sector supervisor) KNF.”

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.