Experts in Sejm examine problem of toxic loans in Poland

How to solve the problem of toxic loans in Poland and how to protect consumers in the financial market? This topic was discussed by experts on Friday during an international conference in the Sejm co-organized by the Stop Lawless Banking Association. Opening the conference on “Consumer Problems in the Financial Market,” Arkadiusz Szcześniak, president of the Association stated that it is taking place at a time when two important events in the financial market are going to affect customers: the change in leadership of the Polish Financial Supervision Authority (KNF) and work in the Sejm on a presidential bill on returning spreads (which relates to the difference between the sale price and purchase price of foreign currency charged by banks, for example for housing loans). “We are very keen to see Polish state institutions make calculations that enable us to find out how much the Polish economy, and how much Poles have lost due to the introduction of toxic products,” Szcześniak stated.