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Getin Noble Bank SA (GNB.WA)

GNB.WA on Warsaw Stock Exchange

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1,766,864
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2,750,189
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0.95zł
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0.18zł

Latest Key Developments (Source: Significant Developments)

Getin Noble Bank Receives Two Non-Binding Offers From Private Equity Funds
Friday, 14 Jun 2019 

June 14 (Reuters) - Getin Noble Bank SA ::SAYS RECEIVES TWO NON-BINDING OFFERS FROM PRIVATE EQUITY FUNDS REGARDING BANK'S RECAPITALIZATION.SAYS RECEIVED OFFERS INCLUDE CONDITIONS REGARDING PURCHASE OF EXISTING BANK'S SHARES.SAYS OFFERS ALSO INCLUDE AGREEMENTS WITH REGULATORY ORGANIZATIONS.  Full Article

Getin Noble Bank Q1 Net Loss Widens To 157.7 Million Zlotys
Thursday, 30 May 2019 

May 30 (Reuters) - Getin Noble Bank SA ::Q1 NET LOSS 157.7 MILLION ZLOTYS VERSUS LOSS OF 42.0 MILLION ZLOTYS YEAR AGO.Q1 NET INTEREST INCOME 219.2 MILLION ZLOTYS VERSUS 296.9 MILLION ZLOTYS YEAR AGO.Q1 NET FEE AND COMMISSION INCOME 16.0 MILLION ZLOTYS VERSUS 38.3 MILLION ZLOTYS YEAR AGO.Q1 NET IMPAIRMENT ALLOWANCES AT 100.2 MILLION ZLOTYS VERSUS 117.0 MILLION ZLOTYS YEAR AGO.  Full Article

Unima 2000 Signs 2.4 MLn Zloty Deal With Getin Noble Bank
Monday, 20 May 2019 

May 20 (Reuters) - Unima 2000 Systemy Teleinformatyczne SA ::SIGNS 2.4 MILLION ZLOTY DEAL WITH GETIN NOBLE BANK FOR SALES AND IMPLEMENTATION OF CHAT/ CHATBOT/ COBROWSING/VIDEOVERIFICATION SYSTEM.  Full Article

Getin Noble Bank To Pay 68.4 Mln Zlotys For Resolution Fund In 2019
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Getin Noble Bank SA ::SAYS TO PAY 68.4 MILLION ZLOTYS FOR RESOLUTION FUND IN 2019.SAYS THE AMOUNT TO BE BOOKED AS Q1 EXPENSES.  Full Article

Getin Noble Bank Estimates LCR Ratio At 143% As Of March 14, 2019
Friday, 15 Mar 2019 

March 15 (Reuters) - Getin Noble Bank SA ::SAYS RECEIVED REFINANCING CREDITS FROM NATIONAL BANK OF POLAND OF 3.59 BILLION ZLOTYS AND 1.2 BILLION ZLOTYS TO RESTORE LIQUIDITY.SAYS AS OF NOV 15, 2018 ITS LCR RATIO WAS 82.67%, BELOW REQUIRED LEVEL.SAYS AS OF MARCH 1, 2019 LCR RATIO WAS RESTORED TO REQUIRED LEVEL.SAYS ESTIMATES LCR RATIO AS AT MARCH 14, 2019 AT 143%, ABOVE REQUIRED LEVEL.SAYS BOTH CREDITS FROM NATIONAL BANK OF POLAND WERE REPAID IN FULL.  Full Article

Idea Bank Admits Selected Private Equity Funds To Due Diligence Process
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Idea Bank SA ::SAYS ADMITS SELECTED PRIVATE EQUITY FUNDS TO DUE DILIGENCE PROCESS AND STARTS TALKS ON STRUCTURE OF POSSIBLE TRANSACTION AIMED AT ATTRACTING FINANCIAL INVESTOR.  Full Article

Getin Noble Bank And Idea Bank Agree On Terms Of Merger
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Getin Noble Bank Sa ::AND IDEA BANK AGREE ON TERMS OF MERGER.ON MERGER DAY, GETIN NOBLE BANK'S SHAREHOLDERS WILL BECOME SHAREHOLDERS OF IDEA BANK.BANKS AGREE SHARE EXCHANGE RATIO OF 0.185 IDEA BANK SHARES FOR 1 GETIN NOBLE BANK SHARE.TRANSACTION IS EXPECTED TO CLOSE IN Q3 2019.SEES SYNERGY POTENTIAL WITH CUMULATED PRE-TAX COST SYNERGIES IN 2019-2021 OF 370 MILLION ZLOTYS.SEES FULLY PHASED PRE-TAX ANNUAL COST SYNERGIES OF 180 MILLION ZLOTYS BY 2021.SEES TOTAL INTEGRATION COSTS AMOUNTING TO 220 MILLION ZLOTYS PRE-TAX.SEES COST SYNERGIES THROUGH: CONSOLIDATION OF HEADQUARTERS, OPTIMIZATION OF OVERLAPPING BRANCHES, IT INTEGRATION.SEES MERGER TO STRENGTHEN CAPITAL POSITION, SEES RETURN TO PROFITABILITY.  Full Article

Getin Noble Bank, Idea Bank To Search For Potential Investor
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - GETIN NOBLE BANK SA , IDEA BANK SA ::MANAGEMENTS OF BOTH GETIN NOBLE BANK AND IDEA BANK RESOLVE TO SEARCH FOR FINANCIAL INVESTOR.SAY PLAN TO COMPLETE ANALYSIS OF POSSIBLE MERGER BETWEEN BANKS IN JAN 2019.POTENTIAL INVESTOR COULD RECAPITALISE BANKS OR ALTERNATIVELY BANK CREATED AFTER MERGER OF GETIN NOBLE BANK WITH IDEA BANK.  Full Article

Getin Noble Bank: Deposit Outflows Back To Normal Levels - CEO
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Getin Noble Bank Sa ::THERE'S NO DECISION ON MERGER WITH IDEA BANK <<>> AS YET, WE ARE NOT WITHDRAWING FROM THE PROCESS, BANK'S CEO, ARTUR KLIMCZAK, SAYS.FUND OUTFLOWS BACK TO NORMAL LEVELS - CEO.  Full Article

Getin Noble Bank Q3 Net Loss Narrows To 14.0 Mln Zlotys
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Getin Noble Bank SA ::Q3 NET INTEREST INCOME 304.7 MILLION ZLOTYS VERSUS 324.0 MILLION ZLOTYS YEAR AGO.9-MONTH NET LOSS OF 177.8 MILLION ZLOTYS VERSUS LOSS OF 186.3 MILLION ZLOTYS YEAR AGO.Q3 NET FEE AND COMMISSION INCOME 34.1 MILLION ZLOTYS VERSUS 42.1 MILLION ZLOTYS YEAR AGO.Q3 NET LOSS OF 14.0 MILLION ZLOTYS VERSUS LOSS OF 72.1 MILLION ZLOTYS YEAR AGO.Q3 NET IMPAIRMENT ALLOWANCES AT 138.7 ZLOTYS VERSUS 240.0 MILLION ZLOTYS YEAR AGO.  Full Article

UPDATE 1-Polish bank to fire up to half of its staff

WARSAW, June 19 Polish mid-tier lender Idea Bank SA plans to cut its workforce by half this year to cut costs and boost profits, it said on Wednesday.