Senate, the upper house of Polish parliament, voted to amend a bill on conversion of Swiss franc-denominated mortgages into zlotys so that costs are covered 50:50 by banks and mortgage holders. Banks gave a unanimous and heavy...
It is 2006. The Polish Financial Supervision Authority (KNF) is working on Recommendation S regarding foreign currency mortgages. It is encouraged by large banks which do not want to take part in the risky race for profits from...