Tuesday, July 12, 2016

BGK: Banks paid 6.6 million zł for the most vulnerable borrowers – Onet.pl

The payments were made on the basis of the Act of October 2015. To support borrowers in a difficult financial situation, who took a housing loan.

on the basis of contributions from banks having in their portfolios mortgages, was created Borrowers Support Fund (CEF) of 600 million zł . Money from the Fund serve as feedback to help people who have a problem with the service loans.

Financial Supervisory Commission recently sent banks questionnaire containing questions about the payments to the CEF. The presented on Tuesday the results you can find out how KNF announced that the contribution to the Fund in the vast majority has been covered by commercial banks.

“Fees CEF been paid in February, however, most banks have recognized a related expenditure in December 2015. a total of 26 commercial banks paid 587 million zł, which accounted for approx. 98 per cent. of the whole fund” – KNF announced.

fee, like the Financial Supervision Authority, it was dependent on the amount of unsupported timely housing loans are in portfolio of the bank.

In addition, the KNF notes, bank assets, which paid premiums up 95 percent. sector assets. 316.8 million zł (53 percent.) Paid the banks with a foreign strategic investor, and 283.2 million zł (47 percent). Banks with the national strategic investor.

“in the case of contributions to the CEF, banks mostly stressed that it did not affect the change of strategy. emphasized one-off nature of the contributions in the nearest future. the introduction of new forms of assistance to borrowers resulted in adjustment of internal procedures – consider the use of the CEF as one of the options for restructuring the debt of borrowers. Banks indicated that the current popularity of this solution among customers is low “- noted the KNF.

in this aspect, that of the law on support fund benefited so far few people pointed out in a recent interview with PAP Przemysław Bryks of the President’s Office, which coordinates work on the presidential draft law “Franks.”

However, the law on support fund is the only one so far adopted the law, which creates the possibility of support for holders of foreign currency loans mortgage. Was finally adopted in October 2015 at the very end of the previous term of the Sejm.

Addressed to all borrowers both zloty and foreign exchange. Under the bill the borrower in difficulty may receive assistance to 1.5 thousand. zł for up to 18 months.

To help eligible are people who have lost their jobs, are indebted and those for which the installment amount exceeds 60 percent. their household income, as well as the borrower meets the conditions’ receiving cash benefits from social assistance. “

Help for borrowers is not the interest rate, repayment is followed after two years and can be spread over eight years. At the National Economy Bank Support Fund was established Borrowers with a value of 600 million zł, financed by banks, especially those possessing the most vulnerable loans, where the delay exceeds 90 days.

At BGK was founded, the Council Support Fund, which examines in detail the conclusions borrowers. It may also decide to discontinue the commitment. If necessary, banks can make to the fund are 300 million zł, but in proportion to the number of their clients who have benefited from the law. The support can be up to 31 December 2018.

Z contained in the “Report on the situation of banks in 2015 the “research PFSA with regard to housing loans shows that at the end of 2015. in the portfolios of commercial banks was 35.6 thousand. loans (to 37.7 thousand. at the end of 2014.), of which 19.5 thousand. They accounted for PLN loans and 16.0 thousand. foreign currency loans.

At the same time threatened mortgages at the end of 2015 years accounted for 2.8 percent. all mortgages and included the amount of 10.8 billion zł.

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