Business

Frank still weighs a lot. PKO BP estimates risk costs in the first quarter of PLN 1 billion

2025-04-11 15:50

publication
2025-04-11 15:50

PKO BP estimates that the costs of legal risk associated with denominated and indexed mortgage loans, included in the burden of the results of the first quarter of 2025, amounted to PLN 0.97 billion – the bank informed the bank in a communiqué.

Frank still weighs a lot. PKO BP estimates risk costs in the first quarter of PLN 1 billion
Frank still weighs a lot. PKO BP estimates risk costs in the first quarter of PLN 1 billion
photo: Grand Warszawski / / Shutterstock

The bank stated that the amount of these costs results from the update of the parameters of the legal risk assessment model, which relate to increasing the expected costs of the settlement program, changes in the level of decisions of court cases, and updating the estimated costs regarding statutory interest calculated for the duration of the dispute with the client. (PAP Biznes)

mcb/ asa/

Topics

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button