Santander Bank Polska reached 1,032 settlements with CHF borrowers in Q3 2023 and a total of 8,407 such agreements, the bank said.
By 30/09/2023, the Group has reached 8,407 settlements both pre-court and after litigation, including 5,369 in 2023 and 1,032 in the third quarter of 2023, according to then banks report.
The settlements offered by Santander Bank Polska take into account both the conversion elements proposed by the chairman of the Financial Supervisory Commission (FSC) in 2020 and the bank’s own terms.
The costs of voluntary settlements with customers in CHF home loan cases amounted to PLN 302.2 million for the three quarters of 2023 and PLN 88.7 million for the three quarters of 2022, the bank announced.
Santander Bank Polska is one of the leading universal banks in Poland. Its shares are listed on the Warsaw Stock Exchange. The main shareholder of Santander Bank Polska is the Spanish Santander, the first bank in the eurozone and the 11th in the world by capitalization. Santander Bank Polska Group companies offer investment funds, insurance, leasing and factoring, among others. The bank’s total assets amounted to PLN 259.17 billion at the end of 2022.
Source: Santander Bank Polska and ISBnews
