Polish watchdog files charges against five banks

BNP Paribas Bank Polska SA

18/07/2022 19:16

July 18 (Reuters) - Poland's antimonopoly office has filed
charges against five banks it found to have acted against the
interests of customers, the watchdog said on Monday.
    After a year-long investigation, charges have been filed
against Bank Millennium  MILP.WA , BNP Paribas Bank Polska
 BNP1.WA , Credit Agricole Bank Polska  CAGR.PA , mBank  MBK.WA 
and Santander Bank Polska  SPL1.WA , the watchdog said.
    Representatives of the banks were not immediately available
to comment.
    Proceedings now enter the next stage, in which the watchdog
will verify charges in cooperation with the institutions in
question. If the charges are found to be valid, the accused
banks could face fines of up to 10% of annual turnover.


 (Reporting by Mateusz Rabiega
Editing by David Goodman)
 ((Mateusz.Rabiega@thomsonreuters.com; +48 58 769 67 57;))