Belka to turn to KNF regarding mortgages
14:24
"Despite the fact that the NBP is not a lender watchdog, if the lenders will not do what's in the interest of the stability of [Polish] financial system, I will ask the KNF to strengthen requirements regarding mortgages," said Marek Belka, the president of the National Bank of Poland (NBP). Belka referred to the situation of the CHF depreciation and its effect on Polish franc-borrowers.
Belka added that the new requirements shouldn't harm Polish consumers and the existing watchdog institutions (KNF, UOKiK) should make sure that this doesn't happen.
The head of the NBP claims that only debtors who need some support should be provided with it. The cost of any operations should not be borne by public institutions. In his opinion, a good idea would be establishing a special fund for those borrowers who face issues with repaying their mortgages.
