Report No. 3/2024

Legal basis:

Article 17.1 MAR Regulation

 

the Report:

The Management Board of PKO Bank Polski S.A. informs that the preliminary, unaudited  costs of the legal risk connected with indexed and denominated CHF mortgage loans recognized in 4^th quarter 2023 amounted to PLN 0.86 billion. The estimation was driven by updating the parameters of the legal risk assessment model for this kind of loans, including the costs of the settlement programme, the number of settlements and estimation of the number of new lawsuits and expected courts’ decisions.