Poland's franc loan bill could cost lender PKO almost $800 mln -source

August 10, 2015 11:30 AM

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WARSAW Aug 10 Poland's Swiss franc mortgage conversion bill, if implemented in its current form, may cost PKO BP, the country's largest lender, up to 3 billion zlotys ($783 million), a senior banking source told Reuters on Monday.

"In the worst case scenario, the cost for PKO would be 3 billion zlotys, or up to 3 billion," a source said under a condition on anonymity.

Also read: Swiss to issue bonds with face value of just over 4 bln Sfr in 2017

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