MinFin: There are no banks' bankruptcy risk

Deputy Finance Minister Leszek Skiba confirmed that there were no risk of Polish banks' bankruptcy. Last Thursday ex-deputy finance minister Konrad Raczkowski said that several small Polish lenders will fail this year, but their bankruptcies will not hurt Poland’s financial system. Prime Minister Beata Szydło has dismissed Raczkowski over these comments. Today Leszek Skiba proclaimed in the Sejm: "There is no banks' risk of bankruptcy in Poland. The whole banking sector is regulated, therefore (...) there is a fairly effective supervision, as to function effectively a macro-prudential supervision. Certainly there are no dangers on the horizon, that we could afford to place such theses that there are a risk of bankruptcy of any of the banks".