News from Poland—Business & Law, Episode 26: The end of WIBOR
The Polish government has announced that in place of WIBOR (the Warsaw Interbank Offered Rate) it will introduce a new benchmark index, promising lower values than WIBOR, which will reduce the loan repayment burden on borrowers. This new index, which will shortly be used also for calculating instalments on PLN loans taken out by businesses, will be described by Konrad Werner.
Konrad Grotowski, host of the programme, will summarise Poland’s current economic situation in a few sentences.
News from Poland—Business & Law is a synthesis of important current events in the Polish economy and changes to Polish law, especially those that may concern management board members and affect the risk of serving on boards.
The programme is addressed to foreign directors of Polish companies, foreign investors in Poland, and their foreign advisers.
You may contact us with any questions or comments at: nfp@wardynski.com.pl.
