WARSAW: The Prime Minister Ewa Kopacz said that Polish banks should share with their clients the FX risk tied to FX-denominated mortgages. “Regulator, KNF and banking lobby ZBP are discussing the CHF-loan issue and have a very clear hint from the Finance Ministry and from the government that the risk should be split,” Kopacz said.
“It cannot be like this that people who took CHF loans are burdened with all the effects of Swiss franc strengthening,” she said.
The issue of CHF mortgages came to the spotlight after the Swiss central bank removed the floor for the EUR/CHF rate, which triggered an abrupt strengthening of the franc. The problem has eased somewhat after the Swiss currency gave in a good part of those initial gains.
