Polish financial system safe and stable: finance minister

Teresa Czerwińska was speaking after Poland’s Financial Stability Committee gathered on Sunday evening to discuss the condition of two banks owned by billionaire Leszek Czarnecki.

"We talked about the financial situation of the two banks, Idea Bank and Getin Noble Bank,” Czerwińska said.

“The situation is under control and is being monitored,” she added.

The Financial Stability Committee's Sunday meeting led by Czerwińska lasted well into the night and was attended by officials from the National Bank of Poland, the Financial Supervision Authority, and the Bank Guarantee Fund, public broadcaster Polish Radio’s IAR news agency reported.

The head of Poland’s Financial Supervision Authority (KNF), Marek Chrzanowski, tendered his resignation last week amid claims that he attempted to solicit a bribe from Czarnecki earlier this year.

Meanwhile, Czarnecki was on Monday being questioned by prosecutors after he reportedly accused the head of the country’s financial watchdog of attempted corruption.

Central bank chief Adam Glapiński said on Sunday that Poland’s banking system was "considered to be the safest in Europe" and that Polish banks were “in the best condition in Europe.”

Glapiński also said that Polish bank clients could “rest assured and feel completely safe” despite the turmoil.

(gs)

Source: IAR, TVP Info