KNF

President to seek measures easing credit repayment burden due to virus

Jacek Jastrzębski, the head of the Office of the Polish Financial Supervision Authority (UKNF), said that the institution will assist in establishing an optimal solution based on a broad consensus by all stakeholders. Radek Pietruszka/PAP

President Andrzej Duda will seek measures to alleviate the credit repayment burden to companies and individuals over the consequences of coronavirus, the president tweeted on Wednesday.

Gov't for more surveillance over foreign insurers

The government on Tuesday passed a bill obliging the Financial Supervision Authority (KNF) to raise its supervision over foreign insurers.

Polish banking sector nets EUR 2.78 bln in Q1-Q3

The Polish banking sector posted a net profit of PLN 11.86 bln (EUR 2.78 bln) in the first three quarters of 2019, up by 2.86 pct on the same period of 2018, the Polish Financial Supervision Authority (KNF) said in a Friday report.

mBank's parent Commerzbank approves strategy; seeks to sell lender

Listed lender mBank's German parent Commerzbank approved a new business strategy assuming the sale of majority stake in the Polish unit, mBank said in a market filing out Thursday evening.

Polish banking sector nets EUR 2.7 bln in January-September

The Polish banking sector posted a net profit of PLN 11.63 billion (EUR 2.71 billion) in January-September 2018, up 10.8 percent year on year, the Polish Financial Supervision Authority (KNF) said in a Thursday report.

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