Locked content Almost 30% of entrepreneurs do not take leave

According to research conducted by Idea Bank, 40 percent of entrepreneurs take leave only once a year, whereas 27 percent of them do not use their leave entitlement at all. Every fifth entrepreneur goes on holiday twice a year and every tenth even three times. This includes larger company owners. As...

Locked content Idea Bank more than tripled its profits in Q2 y/y

Idea Bank, part of the Getin Holding group, had a net profit of PLN 117.92 million in Q2 2015, compared with PLN 33.48 million, according to a statement issued by the company. The total value of assets grew by almost PLN 1 billion to PLN 16.05 billion. The lender’s net interest income came in ...

Locked content Idea Bank becomes national financial intermediary

Polish commercial lender Idea Bank has won the international competition to become the first national financial intermediary in the framework of the Horizon 2020 program. Nearly PLN 100 million of funding will be available for small and medium firms as well as for the so called midcaps with employme...

Locked content Idea Banks to launch PLN 500 mln bond program

WSE-listed Idea Bank, Getin Holding unit, is preparing PLN 500 million bond program, the bank said in draft resolutions to extraordinary general meeting on June 30.  The bank would issue the bonds to end-year. The bonds will have a fixed rate of up to 520 base points or a floating rate of WIBOR6M pl...

Locked content Idea Bank to debut on WSE on Thursday

Commercial lender Idea Bank will start trading its shares on the Warsaw Stock Exchange main floor on Thursday. It will be the 473rd company traded on the bourse and the fifth debut this year, the WSE announced. The value of the IPO stands at PLN 254.18 million. The company is issuing 10.590 million ...

Idea Bank launches CMD on wheels

Corporate clients of Idea Bank residing in Warsaw are now able to use CMD (cash deposit machine) services without going to one of the lender’s branches. Idea Bank launched first Polish mobile CMD, installed in a car, the media reported.

Locked content Getin to buy 5% stake in Idea Bank

Getin Holding and its owner Leszek Czarnecki announced that they will buy more than five percent of Idea Bank’s new shares to be issued in an IPO. Getin Holding informed on Thursday that it will not sell its stake in Idea Bank, as it had earlier planned. Idea Bank set the price of its planned&...

Locked content Getin will not sell its stake in Idea Bank

Investment and financial group Getin Holding has decided not to sell its stake in Idea Bank. However, it will participate in the bank’s IPO scheduled to take place in H1 2015. Getin said in a market filing that ambitious valuation and the currently unfavorable market conditions stand behind th...

Idea Bank launches IPO, will float 31% of shares

Polish lender Idea Bank, which focuses on SMEs, said in its prospectus that it is going to issue new and old shares, totaling 30.7 percent of the firm’s increased capital. The debut will take place on April 16. Idea is looking to raise PLN 1 billion from the sale.

Locked content Idea Bank plans IPO and WSE entry in H1 2015

Idea Bank is going to conduct its IPO and debut on the main WSE floor in the first half of the current year, the lender informed. “The offer includes issuing new shares as well as the sale of shares owned by the shareholders, the new shares will be on sale at first,” the press release...