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Consumer Protection Office File Charges against 3 Banks for Loan Moratoriums

  • Polish consumer protection office UOKiK files charges against BNP Paribas Bank Polska, Getin Noble Bank and Bank Pocztowy for preventing consumers from applying for mortgage moratoriums for all periods with one application (BBG).
  • Financial equities have been under pressure this year, with the MSCI Poland Financials Index (MXPL0FN Index) down nearly 50% since its January high (vs. 40% drawdown for WIG20 Index).

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