Wednesday, March 9, 2016

Deputy Finance Minister dismissed for scaring – Newsweek Poland

– Several banks is “toxic” and they will fall later this year. This small banks, immediately calm, and it will not be to impair the Polish financial system – said last week Konrad Raczkowski. Probably these words his post of Deputy Minister of Finance.

The appeal Raczkowski asked on Monday to the head of government finance minister Paul Szałamacha.

During the seminar at SGH last week Raczkowski said that in 2016. fall a few small banks, but this will not effect the introduction of a bank tax, but poor management and supervision. – Several banks are “toxic” and they will fall later this year. This small banks, immediately calm, and it will not be to impair the Polish financial system. But it does mean that the supervision has not fulfilled its role and had the events we had. I’m talking about banks, which have already fallen and distributions of BFG – said the deputy minister of finance.

Szałamacha turned Friday to Raczkowski to explain this statement. He said at the same time that the Polish banking sector is stable. Also, a spokesman for the Financial Supervision Commission (KNF) Luke Dajnowicz in the commentary to the words of the deputy minister assured that the banking sector in Poland is stable and effective.

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