Report
Jerzy Kosinski

Polish banks: Financial Stability Committee issues recommendations for FX mortgage loans

On Friday (13 January), the Financial Stability Committee held a meeting devoted to issues related to FX mortgage loans. In the opinion of the committee, these loans do not pose a significant systemic risk for the stability of the financial system. Nevertheless, the systemic risk generated by these portfolios cannot be omitted in the context of potential consequences of the regulatory solutions called for in the public debate, which assume the mandatory conversion of FX loans to PLN; in particular, using the exchange rates on which the loans were granted. Furthermore, the FX risk burden on borrowers and the social aspects related to this cannot be disregarded. 
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Wood and Company
Wood and Company

WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.

A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.

Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.

We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.

Analysts
Jerzy Kosinski

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