5 suggestions to the CHF-mortgage borrowers law

For some time already loans in Swiss franc cause trouble to banks and their clients. An idea to solve the problem, which might be passed by the parliament is that 90 percent of the costs of the loan conversion into Polish zloty will be suffered by the banks. The head of the Polish Banks Union (ZBP) Krzysztof Pietraszkiewicz warns that this would cost the banking sector PLN 22 billion and harm the whole Polish economy. Therefore the ZBP suggested five changes in the law concerning loans in Swiss franc: 1. the income criterion will be taken into consideration 2. conversion will occur in cases of apartaments not bigger than 75 sqm 3. possibility to spread the rights of borrowers in time to submit an application depending on the Loan-to-          value ratio 4. commitment of the National Bank of Poland to enable banks to realize records of the law 5. giving the bank 90 days to respond to a submitted application