Poland launches working group to help solve FX-loan problem

August 10, 2016 3:37 PM

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WARSAW Aug 10 Poland has formed a special working group including representatives of the central bank, finance ministry, financial market watchdog and Bank Guarantee Fund to deal with FX loans risks, the central bank said on Wednesday.

Earlier this month Poland softened Swiss franc loans conversion plans by offering banks inducements to help its home owners struggling with costly Swiss franc mortgages to switch them into zlotys.

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