Search Results for: zlotys

Bids for Polish auction site can value it up to $2.2 billion

September 19th, 2016 (0)
South Africa’s Naspers (NPNJn.J) is set to receive at least four bids for Allegro in a deal that could value Eastern Europe’s No.1 auction website at up to $2.2 billion, sources familiar with the talks said on Monday. The ...

Poland may water down FX loans conversion plan if costs too high

January 27th, 2016 (0)
A Polish minister signalled on Wednesday the ruling Law and Justice (PiS) party may water down the president’s plan to convert Swiss franc mortgages into zlotys if it is too expensive for banks. President Andrzej Duda has set out ...

Poland says banks could spread FX loan bill losses over time

January 19th, 2016 (0)
Jan 18 Polish banks may be able to spread losses linked to looming Swiss franc mortgage conversions over time, the finance ministry said on Monday, after a draft FX loan bill sent the shares of Warsaw-listed lenders to multi-year ...
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