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imageWARSAW: Poland's central bank chief Marek Belka said on Tuesday he saw bank asset tax a better solution than converting Swiss-franc denominated mortgages into zlotys.

"Bank asset tax is better, as it is clear," Belka told TOK FM radio in an interview.

"Banks will survive a bank asset tax on the whole, but in various ways," he added. "Some will survive quite well, while others will have some problems."

Poland's new conservative government won last month's general elections with a campaign including converting Swiss franc mortgages into zlotys and implementing a bank tax.

According to estimates, the first one could cost banks up to 50 billion zlotys ($12.53 billion), while the bank asset tax could yield around 3.5 billion zlotys annually.

Copyright Reuters, 2015

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