KNF approves Getin Noble Bank merger with BPI Bank

The Polish Financial Supervision Authority (KNF) has authorized the merger of Getin Noble Bank and BPI Bank Polskie Inwestycje through the transfer of all assets of BPI Bank Polskie Inwestycje to Getin Noble Bank, the Commission said.

BPI Bank Polskich Inwestycji provides financial services, such as granting loans, financing investment projects, purchasing and selling receivables, issuing guarantees. Getin Noble Bank was established as a result of the merger of Getin Bank and Noble Bank in 2010. It is controlled by Leszek Czarnecki and listed on the Warsaw Stock Exchange.

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