The CEOs and directors of eight banks in Poland were called to parliament to be warned not to pass on to their customers the costs the banks have incurred due to new taxes and regulations.
As reported by The Financial times, lenders – including local units of Santander, Deutsche Bank, ING and Raiffeisen – have already become subject to new taxes and regulations. This is part of Poland’s new administration attempt to constrain the mainly foreign-controlled industry and help fund more social sp...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|