Legal basis:
Art. 17.1 of the MAR Regulation
Report content:
The Management Board of PKO Bank Polski S.A. (the “Bank") informs that in the performance of its duties to submit to the Bank's Supervisory Board the terms for concluding the settlement agreements (including the terms of debt relief) with consumers who concluded loan agreements or mortgage-secured loans indexed to foreign currencies or denominated in foreign currencies with the Bank, it presented such terms to the Bank’s Supervisory Board for its approval. The duty of the Management Board had resulted from the Extraordinary General Meeting’s resolution adopted on 23 April, 2021. The presented terms involve treating the loans granted in CHF as if they were granted in PLN from the outset, with an interest rate based on the WIBOR 3M reference rate increased by spread, and being repaid in PLN. The Supervisory Board unanimously accepted these terms on 27 May, 2021.
The Bank’s Management Board will decide on the date for commencing the settlement process for loans granted in CHF and on the premises for determining the group of customers who will be first offered the possibility to conclude a settlement with the Bank.