There are real grounds for questioning WIBOR in credit agreements – and these are not just breaches of information obligations

Zdjęcie: Istnieją realne podstawy do kwestionowania WIBOR-u w umowach kredytowych – i nie są to tylko naruszenia obowiązków informacyjnych Shutterstock


This article is simply a polemic with a message given to the Business region by Katarzyna Urbańska, manager of the Legal and Legislative squad of the Union of Polish Banks, published in the context of the ongoing debate on WIBOR loans and a preliminary question addressed to the Court of Justice of the EU. The aim of the article is not to public criticism of the banking sector, but a factual analysis of presented – taking into account the actual regulatory chronology, the contractual practice of banks and the realities of the alleged old credit portfolio. The dispute over WIBOR is not limited to ‘whether the indicator was legal’, but to the question of how it was established and whether the consumer had a real chance to realize the risks it was taking.