SN: Santander Bank's cassation appeal well founded

The Supreme Court (SN) has upheld Santander Bank Polska's cassation appeal in a case regarding Swiss franc-denominated mortgage loans and sent the case to the Court of Appeal for reconsideration. In a similar case involving Bank Zachodni WBK, the SN has recently ruled in the mortgage loan’s holder’s favor.

Approximately 900,000 Poles are repaying mortgage loans denominated in the Swiss franc. As European courts have found that some of those loans were granted in an unlawful way, courts in Poland are now dealing with a number of lawsuits against banks, brought by borrowers who claim they were deceived into signing unfavorable loan agreements.
('Puls Biznesu')