Santander Bank Polska estimates that the impact of legal risk associated with its portfolio of foreign currency mortgages on its consolidated profit before tax in Q2 2023 is PLN 662 million, including PLN 531 million for the bank and PLN 131 million for Santander Consumer Bank.
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 euro area and the 11th in the world in terms of capitalisation. Santander Bank Polska Group companies offer, among others, investment funds, insurance, leasing and factoring. The bank’s total assets amounted to PLN 259.17 billion at the end of 2022.
Source: Santander BP and ISBnews
