Locked content Getin Holding with Q2 net loss of PLN 191.6 mln

Getin Holding recorded consolidated net loss attributable to shareholders of PLN 191.6 million in Q2 versus a profit of PLN 46.8 million a year ago. Net interest income fell to PLN 227.4 million from PLN 281.7 million in Q2 2017. In H1 the bank had net loss attributable to shareholders of PLN 161.4 ...

Locked content Idea Bank with PLN 27.9 mln impairment to Q3 results

WSE-listed Idea Bank, a unit of listed Getin Holding will have a PLN 27.9 million impairment to its Q3 results, after writing off loans worth PLN 34.3 million, the company said in a market filing. The company estimates that the write off will reduce its Q3 net profit by PLN 15.2 million. The amendme...

Locked content Czarnecki could be looking to offload Idea Bank shares – sources

Leszek Czarnecki, one of the richest Poles, may be looking to sell his Idea Bank shares, reported daily Rzeczpospolita citing two sources. Czarnecki holds 9.85 percent of Idea Bank directly as well as 55 percent of Getin Holding, Idea Bank’s major shareholder with a 54.43 percent stake. The sources ...

Locked content Idea Leasing and Getin Leasing will merge

Idea Leasing, part of Idea Bank, will merge with Getin Leasing, Idea Bank informed. After the merger, the new company will operate under the name Idea Getin Leasing. The move is designed to simplify the structure of the companies, both generating cost synergies. Ide bank was formed in 2010, from the...

Locked content Getin Holding sells 32.92% stake in Idea Bank Belarus

Getin Holding will sell 32.92 percent of shares in Idea Bank Belarus to Carcade Russia, for RUB 716.26 million (PLN 46 million), the company said in a market filing. Getin Holding will keep the remaining shares in the lender. Getin Holding is a financial holding company operating in CEE markets. Get...

Locked content Getin begin talks to sell GetBack

Getin Holding which has recently signed a deal for selling Carcade has been negotiating getting rid of its debt collector Getback, Puls Biznesu daily reported. Accordng to media reports, American PRA Group has reached an agreement with Getin, but talks have stalled. Puls Bzinesu  managed to confirm ...

Locked content Getin Holding to sell Carcade for nearly PLN 170 mln

Getin Holding has signed a conditional agreement with Cyprus based Siderock Trading and Investments to sell Russian firm Carcade for PLN 169.5 million. The agreement will be concluded when the Russian antimonopoly watchdog approves it. Getin expects to finalize the deal in early 2016. Carcade is one...

Pekao eyes Bank BPH

Since talks between GE and PZU regarding the sale of Bank BPH broke off, billionaire Leszek Czarnecki has been left alone at the negotiating table. Puls Biznesu reported that Czarnecki may face a new competitor, Pekao.

Locked content Getin hopes to sell Russian unit Carcade

WSE-listed financial group Getin Holding expects to sell its Russian leasing unit, Carcade within six months, CEO Piotr Kaczmarek said. “Our approach to Russia hasn’t fundamentally changed and if there are opportunities, we will sell Carcade for a fair price,” Kaczmarek said. ̶...