NBP President: Any FX mortgage conversion plan will destabilize złoty
22:22
"Any course of action with regard to conversion - be it via NBP or directly on the market - destabilizes the złoty. There is no way of getting around it," newly appointed NBP President Adam Glapiński told journalists.
"From this point of view, it would be the best if it was solved without conversion," Glapiński suggested.
NBP President underlined that no final proposals were made and expressed hopes that "the bill will be good enough so as not to destabilize the economy," recalling President Andrzej Duda's vow that the solution would preserve financial system stability, while helping the borrowers, especially those in the most difficult situation.
On June 7, President Andrzej Duda presented an amended proposal for tackling the country's Swiss franc loan problem, which provides several options to Polish banks and allows them to spread the mortgages over years.
