GDANSK (Reuters) – Poland’s mBank expects the level of write-offs to be lower in future quarters compared with levels in the second quarter, its chief executive said on Wednesday.
Cezary Stypulkowski said the bank hopes to offer 2% mortgage loan in September, a special product with state subsidised instalments. The act on state aid in saving for purposes of a flat purchase came into force in Poland on July 1.
(Reporting by Anna Banacka, Editing by Louise Heavens)