EU FX Mortgage Ruling May Create Systemic Problem: Bank Pekao CEO

EU FX Mortgage Ruling May Create Systemic Problem: Bank Pekao CEO

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Business

University

Hard

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The transcript discusses an upcoming EU court ruling affecting foreign currency lending, with potential fines up to 20 billion. A bank representative explains their minimal exposure to CHF mortgages, reducing direct impact. However, a conservative ruling could create systemic issues. Despite uncertainties, the sector remains well-capitalized and liquid, though foreign bank owners in Poland may face challenges.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's outlook on the sustainability of the banking sector despite the ruling?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges might foreign bank owners face if the ruling is more conservative?

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