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Poland Won't Force Banks to Convert Swiss-Franc Loans to Zloty

(Bloomberg) — Poland’s financial supervisor said it won’t coerce banks into converting Swiss-franc mortgage loans to zloty as the country seeks ways to shield borrowers from the Swiss currency’s appreciation. Conversion of franc-denominated mortgages, which may cost as much as 25 billion zloty ($6.85 billion) spread over 20 to 25 years, needs to stem from… ....

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