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Banks may try to charge clients for using Swiss franc capital

18:55

Banks may try to charge clients for using Swiss franc capital

The issue of dealing with non-zloty loans, mostly denominated in Swiss francs and equivalent to billion of dollars has repeatedly raised concerns for banks. The EU court ruling, due latest in September, could revive turbulences in the market as it is is likely to back the borrowers. This means the courts may annul loan contracts more frequently or convert them into PLN at a LIBOR rate.

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