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Polish auditors criticise foreign-currency mortgage practices
Poland’s central audit office (NIK) said on Thursday that consumer protection authorities in 2005-2013 reacted too late to unfair practices by banks offering foreign-currency mortgages.
JP Morgan Chase to open office in Poland: finance minister
America’s JP Morgan Chase bank is to open an office in Poland, Poland’s finance and development minister said on Friday.
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European Commission withdraws banking case against Poland
The European Commission has said it has decided to withdraw a case against Warsaw from the Court of Justice of the EU over failure to transpose banking rules into Polish law.
Bank to return money to Swiss-franc mortgage holder: report
A Polish court has ruled that Millennium bank should return over PLN 100,000 (USD 25,000, EUR 23,000) to a customer who took out a mortgage in Swiss francs, the money.pl website has reported.
Profits up for Poland’s PKO BP bank
Net profits for Poland’s PKO BP group in the second quarter rose 24.3% to PLN 873.5m (USD 225m, EUR 201m) year on year, the bank has said in a biannual report.
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