'This is a real drama': President of the NBP
17:38
"This will be a long and painful process," admitted Adam Glapiński, the President of the NBP, while talking about the prospect of a further increase in interest rates and when we can expect to see a fall.
At the same time, he added that the current level of interest rates in statistical terms is "normal".
"The additional gift was a one and a half year period when the reference rate was 0,1 percent. This period of one and a half years was an extraordinary period and each bank had an obligation imposed by KNF to calculate the credit capacity for the rates at 4,5 percent and more," Adam Glapiński.emphasized.
At the same time, the NBP President pointed out that the complaining party was informed at the time of taking up the debts that they might increase. If any banks did not report this, it is worth informing the KNF.
"I understand the drama of families, because they have come into contact with a two-fold situation. On the one hand, around 300,000-330,000 borrowers who took credit when the rates were historically low, now have the installments even increased twice and more. The cost of living in the house and food has also risen incredibly. This is a real drama,” Glapiński added.
