“A special fund for losses from options is needed” – Puls Biznesu, December 18th 2008 18 December 2008

On December 18th 2008 Puls Biznesu published an article “A special fund for losses from options is needed”. Excerpts from the article are presented below: 

Marek Dojnow, former CEO of ABN Amro Corporate Finance in Poland, and currently Managing Partner at FIDEA Corporate Finance, encourages Ministry of Economy to undertake comprehensive activities regarding toxic currency options. – Creating a special fund for refinancing of liabilities transpiring from options would be a good solution – says Marek Dojnow.

Banks have very effective execution means that let them quickly seize all the liquid assets of the company, which exposes the company to the risk of losing liquidity and consequently can lead to insolvency – reminds Adam Jabłoński, Partner at FIDEA.

The whole content of the article (in Polish) is available on Puls Biznesu portal.