Polish banks receive 200,000 requests for repayment suspension

The number of new applications is decreasing, Pietraszkiewicz noted. "In the initial period there was a clear increase, now there are much fewer of these applications," he added. Wojciech Olkuśnik/PAP

Polish banks have so far received around 200,000 requests for suspension of loan repayments, Polish Bank Association (ZBP) President Krzysztof Pietraszkiewicz said on Tuesday at a press conference.

The number of new applications is decreasing, Pietraszkiewicz noted. "In the initial period there was a clear increase, now there are much fewer of these applications," he added.

According to ZBP, banks have also received around 10,500 applications from companies seeking revision of their loan terms.

ZBP also said that last week that banks started to finance entrepreneurs and local government units, using national and EU funds. Over PLN 120 billion (EUR 26.3 bln) of preferential loans will be available to bank customers from domestic and EU funds.