Polish mortgage claims push RBI’s op risk up 43%

- Lorenzo Migliorato
- 08 Jun 2022

Raiffeisen Bank International’s (RBI) modelled operational risk charges jumped 43% in the first quarter as the Austrian lender took stock of more court claims by Polish borrowers alleging they were missold foreign currency-denominated mortgages.

Since the early 2010s, RBI and other lenders in Poland have been targeted with litigation by retail customers that had been enticed by low-rate, Swiss

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