Swiss Franc: Strong Response from Borrowers to the Adjustment – Low and Stable Interest Rate
There has been a massive response from borrowers to the restructuring of loans in Swiss Francs, with over 3,000 individuals seeking adjustments.
Paltamo loans 100,000 euros to a golf company - council decided with a vote of 16 to 4
Paltamo municipality has approved a 100,000 euro loan to Paltamo Golf Oy to aid in its financial restructuring, a decision made by the town council with a vote of 16 to 4.
The court rejected the Tartu savings and loan association's restructuring application
The Tartu court has dismissed the restructuring application of the Tartu savings and loan association, indicating a potential path towards bankruptcy if the decision is not successfully appealed.
Tartu Savings and Loan Association is likely at its end, restructuring will not happen
The Tartu Savings and Loan Association has filed for restructuring in January but is deemed unlikely to succeed, indicating the probable collapse of the institution.
Paltamo intends to grant a loan of 100,000 euros to a golf course whose entrepreneur has just lost a dispute over unpaid debt
The Paltamo municipal council is set to decide on a proposed 100,000 euro loan to Paltamo Golf for financial restructuring amidst the owner's recent economic challenges.
Swiss franc: The platform for loan restructuring has opened – How to apply
A new online platform has been launched in Greece allowing borrowers with loans in Swiss francs to apply for restructuring to convert these loans to euros.
Court: Tartu Savings and Loan Association must provide additional information
The Tartu Savings and Loan Association is required by the court to address deficiencies in its restructuring application that was submitted in January.
FGC wants to share risk with banks in loan to BRB
The FGC aims to limit its liability in a loan to BRB to aid in the state bank's restructuring after significant losses from past operations.
Loans in Swiss Francs: When does the platform for regulation open
In two weeks, the platform for regulating loans in Swiss Francs will open, allowing borrowers to apply for restructuring of their loans until August 19, 2026.