The Standing Committee for Financial Stability Held Its Session 2/5/2015 Tweet Today, on 5th February 2015, the Standing Committee for Financial Stability received a common statement from Hypo Alpe Adria Bank from Mostar and Banja Luka based on recommendations of the Standing Committee for Financial Stability dated 27th January 2015, related to the issue of solving problems of repayment of loans in Swiss francs. The Standing Committee for Financial Stability on its session, held via telephone calls on 5th February 2015, considered the offer submitted by Hypo Alpe Adria Bank. Taking into consideration that it is a question about obligatory relationships arising from the agreement between the bank and a client, the Standing Committee for Financial Stability cannot set legal requirements for any side in the contractual relationship between the bank and a client, so it is recommended to continue a permanent communication between bank and the client until finding the acceptable solution for both sides. The Standing Committee for Financial Stability estimates that a partnership between the bank and a client is needed and that the urgent solution is in the interest of clients due to the limitation of additional costs as well as in the interest of the banks due to the reputation risk, increase of non-performing loans, requirements for additional provisions and direct impact on financial result. Within next two months, the Standing Committee for Financial Stability expects Hypo Alpe Adria Bank to provide information on the number of the received and positively solved requests for realization of the solutions in the repayment of loans in Swiss francs.
