Legal Aspects of Loans Denominated in Swiss Franc

• Autorzy: Jakub Tartak

Warianty tytułu

Prawne aspekty problematyki kredytów waloryzowanych do waluty franka szwajcarskiego

• Języki publikacji: EN

Abstrakty

EN

The article discusses the problem of mortgage loans indexed to the Swiss franc, which is an important issue for the Polish society. The choice of the topic resulted from the author's professional experience who wants - as a person committed to help people with complicated financial and legal situation and often with existential problems - to present the most significant issues that may make it possible to settle disputed situations that involve not only the interested parties but also government bodies. It should be emphasized that there are numerous articles that refer directly to Swiss credit loans and present mathematical data describing the genesis of the problem; however, they do not deal with legal and psychological aspects and lack opinions and the assessment of the situation of the parties involved. The analysis of the issue was based both on national and European regulations. The author made use of Polish and English language sources, using such research methods as observation and induction in order to present conclusions that seem to the greatest extent to correspond to the actual state of the problem through in-depth observations from the entourage of entities that are directly interested in the final resolution of conflicts in the area of foreign currency loans, particularly of Swiss franc loans. The article presents current economic problems in Poland which have a significant impact on the development of associate groups that are active in the public space aiming to influence both banks and state authorities through political and legal measures and to help people with unlawful loans. On the basis of the above factors a thesis was formulated that conflicts relating to loan agreements denominated in Swiss francs are becoming one of the most important socio-political issues in Poland whose legal significance is high and the need of explication is constantly increasing due to varied rulings. The role of public administration and private entities as well as of media has its significance as they, using various communication instruments, should resolve conflicts that appeared in recent years between Swiss franc loan borrowers and the banks. Another issue mentioned in the article is the reference to differences in this area between West European and East and Central European countries. The article presents one of the most significant problems of the Polish present-day society which became a victim of a cruel loan mechanism due to illegal activities of banking institutions. Based on the above factors, a supplementary thesis was created that EU regulations play an important role regarding cases pending in the Polish justice system and the rulings in Swiss franc cases are mostly favorable to consumers. (original abstract)

Słowa kluczowe

EN

Loans; Banks; Currencies; Financial crisis

PL

Pożyczki; Banki; Waluta; Kryzys finansowy

• Czasopismo: Zeszyt Naukowy.pl / Wyższa Szkoła Zarządzania i Bankowości w Krakowie
• Rocznik: 2021
• Numer: nr 60
• Strony: 22--32

Twórcy

autor

Jakub Tartak

Bibliografia

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