MinFin: There are no risks of bank bankruptcy

Deputy Finance Minister, Leszek Skiba has 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 risk of bankruptcy for Polish banks. The whole banking sector is regulated, therefore (...) there is a fairly effective supervision, including macroprudential supervision. Certainly there are no dangers on the horizon, that we could afford to present such a hypotheses that there is a risk of bankruptcy of any of the banks."