Idea Bank ready for IPO
Idea Bank, lender with primary focus on the SME sector, is planning on debuting on the Warsaw Stock Exchange in Q4 2014 or in Q1 2015, according to Rzeczpospolita.
The bank, owned by Polish billionaire Leszek Czarnecki, who controls financial group Getin Holding, increased its profit by 30 percent inn 2013, to PLN 63.3 million.
Czarnecki has already listed seven companies, including Getin Noble Bank, and said that another three could be floated as well.
