Bankruptcy fears for Poland’s credit unions

Bankruptcy fears for Poland’s credit unions

Almost half of Poland’s credit unions are close to bankruptcy, as a collapse in the sector’s financial health strains the country’s banking bailout fund. The industry is a primary source of funds for millions of poor and working-class people, mainly in rural areas and smaller cities. According to Financial Times, of the 55 credit unions... [Read More...]
Source: Bankruptcy fears for Poland’s credit unions

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