Locked content KNF to view ING Bank Śląski as systemically important

The Financial Stability Committee issued a positive opinion on the request of financial market watchdog (KNF) to identify ING Bank Śląski as systemic and impose an additional capital buffer, the bank informed. As a systemic institution, Bank Handlowy  would have an additional buffer of 0.50 percent ...

Locked content Energia dla Firm files prospectus with KNF

Energy company Energia dla Firm has filed a prospectus with the Polish Financial Supervision Authority (KNF) with regard to its IPO and a debut on the main market of the Warsaw Stock Exchange (WSE), the company said. The money raised will be earmarked to spend on further development in the segments ...

Locked content KNF to view Pekao SA as systemically important

The Committee of Financial Supervision  (KNF) decided to submit a motion to the Financial Stability Committee to express an opinion in the matter of recognizing the lender Pekao SA  as an systemically important institution, the bank reported. As a systemic institution, Pekao would have a buffer impo...

Locked content KNF to view Bank Handlowy as systemically important

The Committee of Financial Supervision  (KNF) decided to submit a motion to the Financial Stability Committee for expressing an opinion in the matter of recognizing the lender Bank Handlowy as an systemically important institution, the bank reported. As a systemic institution, Bank Handlowy  would h...

Locked content KNF asks to view BZ WBK as “systemically important”

The Committee of Financial Supervision  (KNF) decided to submit a motion to the Financial Stability Committee for expressing an opinion in the matter of recognizing the lender Bank Zachodni WBK as an systemically important institution, the bank reported. As a systemic institution, BZ WBK would have ...

Locked content KNF reports Artifex Mundi has filled a prospectus

The Committee of Financial Supervision (KNF) reported that Artifex Mundi has filled a prospectus for being listed on the WSE. Details of the possible IPO have been undisclosed. Artifex Mundi specializes in simple HOPA (Hidden Object Puzzle Adventure) games for PCs and mobiles. The studio makes small...

Locked content KNF to identify Getin Bank as systemic financial institution

The Committee of Financial Supervision  (KNF) decided to submit a motion to the Financial Stability Committee “for expressing an opinion in the matter of recognizing the Bank as other systemically important institution,” Getin Noble Bank reported. As a systemic institution, GNB would hav...

Locked content Banking sector net profit up 1.1%

Poland’s banking sector recorded an aggregated net profit of PLN 8.02 billion in H1 2016, according to data from the Financial Supervision Authority (KNF). It grew by 1.1 percent year-on-year. Net income from banking activity stood at PLN 30.67 billion and increased by 9.9 percent y/y. Banks’ net in...

Locked content KNF: loans up by 5.6%, deposits by 11% y/y I-VI

The Polish Financial Supervision Authority (KNF) published data regarding banks’ loans and deposits from January to June 2016 on a year-on-year basis. The total value of loans in the banking sector in Poland, including foreign units, increased by 5.6 percent y/y reaching PLN 994.89 billion. Th...

Locked content KNF: Poland’s financial system seen among most stable in Europe

Poland’s financial system, with the banking sector as its main pillar, has remained one of the most stable in Europe, the Polish Press Agency (PAP) quoted financial market regulator KNF in a comment to the release of the European banking stress tests results late on Friday by the EBA. The KNF ...