“Currently, about 300 lawsuits have been filed regarding WIBOR. We have won all cases so far,” said Mazur, stressing that the bank is prepared to defend its interests. .
The president of PKO BP, Szymon Midera, then confirmed that the bank is waiting for the decision of the Court of Justice of the European Union (CJEU) on the validity of the use of the WIBOR rate in loan agreements. In May of this year, the court in Czestochowa led to CJEU preliminary questions regarding PKO BP customer loan agreement based on WIBOR.
“We are preparing for this process. We are working in full consultation with all stakeholders, and the CJEU will ask for their position on this matter so that they are consistent,” said Midera .
President Midera expects that in the coming weeks The CJEU will analyze the position of all parties involvedand the final decision can be made in the middle of next year.
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“We have prepared analyzes of the negative impact of the unfavorable CJEU ruling on WIBOR on the sector – the scale is amazing, it amounts to hundreds of billions of zlotys. For now, all stakeholders are clear on this matter,” the president said.
At the beginning of August, the Polish Bank Association reported that there were a total of 1,111 lawsuits regarding WIBOR in the courts at the end of May, and 24 of them resulted in final decisions favorable to the banks.
PKO Bank Polski, which is the leader of the Polish banking sector, has been at the forefront of the Warsaw Stock Exchange since November 2004, as part of the WIG20 index. At the end of 2023, the bank’s assets amounted to PLN 501.5 billion.
2024-08-22 14:06:42
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