How Much Did the Frank Saga Cost Banks? A Gigantic Bill
The article discusses the financial impact of the Swiss franc loan saga on Polish banks, estimating losses at around 74-76 billion PLN.
Roman Giertych, 'Seal' and the Millions for Blocking Swiss Franc Borrowers
The article investigates the financial practices of Getin Noble Bank regarding Swiss franc mortgages, highlighting alleged legal collaborations and the impact on borrowers.
Dollar and franc up, zloty down. Markets react to the war in the Middle East
The Polish zloty weakened significantly amid geopolitical tensions, with investors moving towards safer currencies like the dollar and Swiss franc.
Swiss Decide to Enshrine Right to Use Cash in Constitution
In a recent referendum, Swiss voters supported the constitutional right to use cash, specifically Swiss franc banknotes and coins.
Bank of Korea renews currency swap contract with Swiss National Bank, strengthens foreign exchange safety net
The Bank of Korea has renewed its currency swap contract with the Swiss National Bank, maintaining the contract value at 10 billion Swiss francs, effectively increasing the limit of support for the Korean won due to the strong Swiss franc.
Five-Day Jump of the Dollar
The dollar failed to maintain its initial gains against major currencies following unexpected data showing a decline in new jobs in the US for February.
Dollar rises with increased demand for safe havens and rising oil prices
The dollar has strengthened against the euro, yen, and Swiss franc due to rising oil prices and increased demand for safe-haven assets amid tensions in the Middle East.
The semester that pressures borrowers in Swiss francs – What the regulation predicts and why they call it a 'trap'
The article discusses the hardships faced by Greek borrowers with loans in Swiss francs, highlighting financial losses and the call for loan recalculations.
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.
First Getin Bank's receiver, then civil court
The Supreme Court of Poland's Civil Chamber addressed a case concerning a disputed Swiss franc loan from the now-bankrupt Getin Noble Bank, highlighting issues of information asymmetry and unlawful contract terms.
Loans in Swiss Franc: Twenty answers for the regulation – What to watch out for
The Greek government has launched an online platform to help borrowers with loans in Swiss Francs restructure their debts, offering significant debt reductions and fixed interest rates.
Loans in Swiss Francs: The application process and categories - A guide with questions and answers
A new online platform for borrowers with loans in Swiss Francs is now operational in Greece, allowing for conversion of these loans to euros under specific terms.
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.
Loans in Swiss Francs: Application Submission Begins with 'Haircut' on Debt - Criteria and What You Gain
Greek citizens with loans in Swiss francs can apply for debt restructuring to reduce their obligations starting today until August 19.
Loans in Swiss Francs: The application platform opens on Thursday, February 19
Borrowers who choose to participate in a recently passed regulation will secure stable Euro payments and significant debt relief for their Swiss Franc loans.
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.
EET: Category 1 for the conversion of Swiss francs for people with disabilities - What it means for borrowers
The Greek Bank Association announced improved conversion terms at a fixed interest rate of 2.3% for borrowers with disabilities, categorizing them as receiving a 50% benefit.
Greek Banking Association: The vulnerable group of disabled people placed in the 1st category for Swiss franc regulation
The Greek Banking Association, in collaboration with the Ministry of National Economy and Finance, has announced the inclusion of people with disabilities in a beneficial financial category for Swiss franc conversions with a fixed interest rate of 2.3%.
Aneta Wiewiórowska-Domagalska: Finally a real breakthrough in judicial decisions concerning Swiss franc loans
The article discusses a recent ruling by the European Court of Justice regarding Swiss franc loans, suggesting it sets important boundaries for the procedural interests of the parties involved.
The zloty takes advantage of the weakness of the dollar
The Polish zloty has risen significantly against the US dollar, reaching 3.60 PLN amidst stable euro rates and minor fluctuations in the Swiss franc.
The dollar drops against the euro amidst a dispute between the U.S. administration and Powell
The U.S. dollar has fallen against the euro, Swiss franc, and yen following a threat from President Trump's administration to pursue criminal charges against Federal Reserve Chairman Jerome Powell.
How to convert loans in Swiss francs
A new regulation allows borrowers with loans in Swiss francs to convert their debt into euros, offering options for both compliant and non-compliant borrowers.
Swiss Franc: The Puzzle of Loans and Step-Up Loans for Banks
Banks are facing the challenge of restructuring loans denominated in Swiss Francs amounting to 2.5 billion euros.