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Poland's mBank hopes to offer 2% mortgage loan in September

2023-08-02 16:51
GDANSK Poland's mBank expects the level of write-offs to be lower in future quarters compared with levels in
Poland's mBank hopes to offer 2% mortgage loan in September

GDANSK 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)