Watchdog to p Bank ranking on lenders to be established

The Office of Competition and Consumer Protection (UOKiK) and the Polish Financial Supervision Authority (KNF) will publish a list of leaders among lenders which provide consumer friendly solutions for borrowers with foreign exchange loans, the Minister of Finance, Mateusz Szczurek, announced. "On the grounds of surveys we would like to present a ranking of lenders and a list of the best practices regarding foreign exchange loans," the minister tweeted on Thursday. Banks will submit to the UKOiK a weekly report on implementing spread and negative LIBOR interest rates solutions approved at the Committee of Financial Stability in January.