KNF proposes changes to the FX mortgage relief plan to ensure greater protection for at-risk lenders

Financial Supervision Authority KNF proposes the possibility of suspending all or part of the contributions to the FX-mortgage relief funds for banks that are undergoing a regulator-supervised restructuring program and transitional financing of these contributions by state-run development bank BGK. “The solution is aimed to protect the stability of the banking and the financial systems…

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