Reuters: Raiffeisen plays down impact in Poland of Swiss franc rise

(Reuters) – Raiffeisen Bank International does not see a big hit to its loan book in Poland from the Swiss franc’s surge, it said.

“We do not expect significant effects because the interest burden is extremely low and the portfolio quality is very good,” newspaper Der Standard quoted the bank as saying. A spokeswoman confirmed the remark, which she said referred to Poland.

Read the full story here

Be the first to comment

Leave a Reply

Your email address will not be published.


Time limit is exhausted. Please reload the CAPTCHA.