Locked content Czarnecki considers Getin Noble and Idea Bank consolidation

Getin Noble Bank (GNB) major shareholder Leszek Czarnecki considers consolidation of Getin Noble and Idea Bank, GNB said. Czarnecki expects that consolidation will lead to cost and sales synergies and increase sales potential. In the near future, he intends to analyze benefits and costs and may agre...

Locked content Getin Noble Bank to sell 25% in Noble Securities

Getin Noble Bank signed a conditional agreement to sell 25 percent stake in Noble Securities to Leszek Czarnecki, the bank said. The approval of Polish Financial Supervision Authority (KNF), which  Czarnecki should obtain, is the necessary condition. The 25 percent stake equals to 874,036 Noble Secu...

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.

Locked content Getin Noble Bank Q1 net loss narrows to PLN 47.7 mln

WSE-listed Getin Noble Bank recorded Q1 consolidated net loss of PLN 47.7 million compared to PLN 96.6 million a year ago. Net interest income amounted to PLN 296.9 million versus PLN 328.8 million in Q1 2017. Tier 1 capital ratio at the end of March was 9.4 percent. The bank reported a 2.4 percent ...

Locked content Getin Noble Bank net loss widens to PLN 575 mln in 2017

Getin Noble Bank recorded a net loss attributable to shareholders of PLN 574.94 million in 2017. This is almost ten times more compared to a loss of PLN 58.55 million in 2016. Getin Noble Bank S.A. Group net loss amounted to PLN 573.3 million. The result was negatively affected by net impairment los...

Locked content Getin Noble Bank with PLN 190 mln private placement offer

WSE-listed Getin Noble Bank plans on increasing its charter capital by PLN 190 million by issuing 69.6 million C-series shares at PLN 2.73 apiece under a private placement offer, the bank said in a market filing. Shares will be sold to bank’s main shareholder Leszek Czarnecki. The issue will “enable...

Locked content Getin Noble Bank cancels PLN 750 bond program

Getin Noble Bank canceled its PLN 750 million subordinated bond program, two days after securing proper approval by the Financial Supervision Authority KNF. No reason for the cancellation was given. Under the program, established in July last year, the lender planned at least two issues within the n...

Locked content Getin secures KNF approval for PLN 750 mln subordinated bond program

WSE-listed Getin Noble Bank received the approval of Financial Supervision Authority KNF for its PLN 750 million subordinated bond program. According to the prospectus, the bank plans at least two issues within the next 12 months. The bonds will be floated on the Catalyst market. Getin Noble Bank es...

Locked content Getin Noble Bank widens its Q3 net loss

WSE-listed Getin Noble Bank had a PLN 75.13 million net loss in Q3, compared to PLN 26.54 million loss the year before. Income from interest contracted to PLN 325.71 million vs. PLN 328.86 million in Q3 2016, while fee income increased by 39.6 percent y/y to PLN 40.41 million. Bank’s assets at...

Locked content Kruk acquires PLN 420 mln debt portfolio

WSE-listed debt collector Kruk, through its subsidiary Prokura NS FIZ, won the tender for PLN 419.7 million debt portfolio of Getin Noble Bank, the company said in a market filing. This is another portfolio acquired by Kruk recently, after buying PLN 550 million debt from Deutsche Bank. In 2016, Kru...