6 November 2008

According to the Polish Financial Supervision Authority, banks facing problems with obtaining
financing in CHF should withdraw loans granted in CHF from their offers. Failure to meet the
contractual obligations towards borrowers, including delayed payment or the lack of payment of
the loan, is a basis for the implementation of intervention measures by the supervision authority.

Information of 6 November 2008 on foreign currency loans granted by banks
According to the Polish Financial Supervision Authority, banks facing problems with obtaining
financing in CHF should withdraw loans granted in CHF from their offers. Failure to meet the
contractual obligations towards borrowers, including delayed payment or the lack of payment of
the loan, is a basis for the implementation of intervention measures by the supervision authority.
On 4 November 2008, PFSA has initiated administrative proceedings against a bank which,
despite relevant recommendations issued by the supervision authority, continued to grant foreign
currency loans. The basis for intervention in this respect is the bank’s failure to implement postinspection
recommendations of 2006 and 2007, as well as irregularities in fulfilling its
obligations. In the opinion of the PFSA, banks should establish an adequate financing structure in
order to develop their lending activity.
In the context of the situation on the interbank market, the PFSA recommends that funds acquired
through the instruments provided under the NBP's "confidence package" be used mainly for
handling current liabilities. Financing of lending activity development with funds obtained from
aid instruments may lead to further deterioration of the situation on the interbank market.