Profil:
PKO BP SAPKO BP lender estimates costs of CHF loans-related legal risk at PLN 1.25 bln in Q2 2025
Poland's largest lender by assets PKO BP's management board estimates preliminary unaudited legal risk costs related to the mortgage loans denominated and indexed to foreign currencies, charged to the results for the second quarter of 2025, at PLN 1.25 billion (EUR 291.7 mln), the bank said in a market filing.
"This amount of these costs is due to updates to the parameters of the legal risk assessment model, which relate to the forecasted number of court cases, an increase in the expected costs of the settlement programme and an update to the estimated costs relating to statutory interest accrued for the duration of the customer's dispute," the lender explained.
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