Votum is counting on another successful year despite the shrinking Swiss franc market. There is a new group
— We are only halfway through the loans that are left on the market. So the prospects are still very stable. Due to the implementation of the strategy and seeing the clients who collectively report to our capital group, we decided to increase the plan for 2026 from the initial 5-6 thousand. contracts up to PLN 8,000 contracts that we intend to complete also in 2026 – said Krzysztof Rosner, vice-president of Votum.
In 2025, the number of contracts concluded by the group in the foreign currency loan segment (mainly mortgages in Swiss francs, but also in euro) amounted to 7,795.
Votum reported that recently there has been a marked increase in interest in pursuing claims by borrowers with mortgage loans linked to the euro exchange rate. In 2025, new contracts in this respect already accounted for over a quarter of the total sales volume of the Votum Group.
President Bartłomiej Krupa said that in 2026, the total number of judgments in the first instance and settlements may be no less than in 2025. – We can expect an increase of between 20 and 30 percent in 2026. the number of settlements concluded in relation to 2025 and not less than 20-30 percent. an increase in the number of cases involving the impact of the main benefit after the first instance judgment. This, of course, will build our revenue base, said vice-president Kacper Jankowski.
In 2025, the revenues of the banking segment of the Votum group increased by 17%. year on year, up to PLN 397.5 million. — We started our tenth year of the Swiss franc project, i.e. 2026, with 16,000. cases that have not yet passed the court hearing, so these are cases at the stage of first-instance court proceedings before a possible settlement or first-instance judgment is issued, as well as cases before the filing of a lawsuit at the stage of the so-called preparatory proceedings – said Jankowski.
See also: The high-profile judgment activates another group of borrowers. A new problem for banks
– In 2026, we can expect revenues at the level between 2023 and 2025, i.e. revenues between PLN 300 and 400 million – he added.
The group is also trying to develop the free credit sanctions (SKD) business, but so far this has not translated into its financial results. The number of lawsuits is decreasing, and the judgments issued by Polish courts are overwhelmingly favorable to banks.
Big improvement in Votum results
Votum reported its financial results on Tuesday. In 2025, the company generated PLN 140.2 million of net profit compared to PLN 112.9 million a year earlier. Revenues increased to PLN 462 million from PLN 407 million, operating costs to PLN 276 million from PLN 259 million. A stronger increase in revenues than in costs translated into an improvement in operating profit to PLN 178 million from PLN 141 million.
The supervisory board gave a positive opinion on the management board's recommendation to allocate PLN 96.94 million of profit to dividend. Taking into account the previous payments of interim dividends, shareholders will now receive PLN 60 million, i.e. PLN 5 per share. At the exchange rate of PLN 45, this would give 11.1%. dividend rates.
The company announced that in 2026 it intends to allocate the historically highest amount of funds to its marketing budget and will focus on two groups of recipients: Swiss franc borrowers with repaid loans and euro borrowers.
“The experience resulting from the implementation of current advertising campaigns, which had a significant impact, especially on the volume of contracts concluded in the fourth quarter of 2025, provides grounds for continuing similar initiatives also this year,” the company said in its annual report.
Votum on Thursday's judgments of the CJEU on the statute of limitations
Votum representatives assessed that Thursday's judgments of the CJEU in three Polish cases regarding the limitation of banks' claims regarding Swiss franc loans should not have negative consequences for the group's clients.
— This interpretation of the provisions made by the Tribunal for our clients is completely safe, because some time ago we assumed that we would defend our clients in two ways. On the one hand, of course, we raise the objection of limitation as the most far-reaching, on the other hand, we also raise the objection of the consumer settling accounts with the bank by offsetting his claims – said Wojciech Bochenek from a law firm belonging to the Votum group.
See also: “No more dreams of free apartments.” Banks strongly comment on the CJEU judgment
— This judgment will not have any negative legal or procedural consequences for our clients. However, if one of the consumers relied only on the limitation period for claims, this judgment may of course have negative consequences for him, he added.
He informed that the judgments of the CJEU are consistent with the provisions of the Votum. — They are consistent with our expectations, because the Tribunal mentioned the principle of proportionality, i.e. a situation in which a loan agreement is declared invalid and the parties should return to each other what they received. This means that the consumer should return the capital to the bank, and the bank should return to the consumer all installments and interest that were paid by the consumer at that time, said Bochenek.
