News from Poland—Business & Law, Episode 26: The end of WIBOR
25.11.2022
The Polish government has announced that in place of WIBOR (the Warsaw Interbank Offered Rate) it will introduce a new benchmark index, promising lower values than WIBOR, which will reduce the loan repayment burden on borrowers. This new index, which will shortly be used also for calculating instalments on PLN loans taken out by businesses, will be described by Konrad Werner.