Government secure banks deposits

17th October 2008

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Poland’s Finance Minister Jan Vincent-Rostowski said the government will guarantee private bank deposits up to €50,000, (175,000zl), following an amendment to legislation on Monday.

Poland’s Finance Minister Jan Vincent-Rostowski said the government will guarantee private bank deposits up to €50,000, (175,000zl), following an amendment to legislation on Monday.

“The most important decision to be made is an amendment on the bill on the Banking Guarantee Fund, in which we accept solutions that will allow the cabinet to guarantee all deposits of families and individuals to the value of 175,000zl per deposit and also allow the cabinet to make a loan to the fund if the need arises t ...

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