NBP head candidate: Polish bank tax "very high"

Adam Glapiński, the presidential nominee for the post of head of the central bank, said that Poland's tax on banks and insurers assets is "very untypical and very high, but hasn't caused any major problems," PAP reported. The government could yet enact unspecified changes, he noted. "The stronger banks are having no problem, but for the weaker banks, it can be a tough situation," Glapiński said. Glapiński warded off an outright review of the tax, issuing a generic invective against all taxes, then noting that banks do enjoy a strong set of privileges, including state deposit guarantees.