BRIEF-Union Bank of the Philippines says Vice President Ramon S Matias resigned
* Says Ramon S. Matias, first vice president has resigned Source text for Eikon: Further company coverage:
WARSAW, March 24 Poland's central bank said on Friday that foreign-currency loans remain the biggest risk for Polish banks.
On Friday, the Financial Stability Committee, which includes representatives of the central bank, finance ministry, bank guarantee fund, and regulator KNF, discussed the situation in the sector.
"Currency loans portfolio was recognized as the biggest threat to the financial sector's stability," the statement reads.
More than half a million Poles took out foreign-currency mortgages several years ago to benefit from low rates in Switzerland, but repayment of installment became more expensive as the Swiss franc almost doubled in its value against the Polish currency. (Reporting by Marcin Goclowski, editing by Larry King)
June 29 - India's NSE index rose on Thursday, heading for its first gaining session in seven, as banks and information technology stocks jumped in a broader recovery led by value buying.