Poland notifications

Resolution cases

 

Liquidation cases with DGS payouts

 

Notification from the Bank Guarantee Fund in Poland in relation to the determination of the unavailability of deposits at SKOK Wybrzeze credit union 
The EBA has received a notification from the Bankowy Fundusz Gwarancyjny (the Bank Guarantee Fund) in Poland in relation to the determination of the unavailability of deposits at SKOK Wybrzeze credit union which required the use of DGS funds to reimburse 7,696 depositors. The guaranteed deposits amounted to EUR 28.2 million.
 
Click here to view the notification letter.
 
26/09/2017
Notification from the Bank Guarantee Fund in Poland in relation to determination of the unavailability of deposits at NIKE Credit Union

The EBA has received a notification from the Bankowy Fundusz Gwarancyjny (the Bank Guarantee Fund in Poland) in relation to determination of the unavailability of deposits at NIKE Credit Union.

14 June 2017

Notification from Bankowy Fundusz Gwarancyjny on unavailability of deposits at Twoja Spółdzielcza Kasa Oszczędnościowo-Kredytowa (Twoja Credit Union)

The EBA has received a notification from the Bankowy Fundusz Gwarancyjny (the Bank Guarantee Fund in Poland) in relation to the determination of the unavailability of deposits at Twoja Spółdzielcza Kasa Oszczędnościowo-Kredytowa (Twoja Credit Union).

On May 12, 2017 the Polish Financial Supervision Authority suspended operations and filed for bankruptcy of Twoja Spółdzielcza Kasa Oszczędnościowo-Kredytowa (Twoja Credit Union).

The credit union possessed 14 019 depositors with guaranteed deposits amounted to EUR 39.3 million. The date of determination of the unavailability of deposits was May 12, 2017.

The direct reason for the determination of unavailability of deposits was the fact that assets of the credit union were not sufficient to meet its obligations. From May 22 to July 21, 2017 the bank agent (BZ WBK S.A.) reimburses deposits to the depositors.

The Bank Guarantee Fund continues the reimbursement process to the date of May 11, 2022.

22/05/2017

 

 

 

Notification from the Bank Guarantee Fund in Poland in relation to determination of the unavailability of deposits at Wielkopolska Spółdzielcza Kasa Oszczędnościowo-Kredytowa (Wielkopolska Credit Union).

The EBA has received a notification from the Bankowy Fundusz Gwarancyjny (the Bank Guarantee Fund in Poland) in relation to determination of the unavailability of deposits at Wielkopolska Spółdzielcza Kasa Oszczędnościowo-Kredytowa (Wielkopolska Credit Union).
 
On February 3, 2017 the Polish Financial Supervision Authority suspended operations and filed for bankruptcy of Wielkopolska Spółdzielcza Kasa Oszczędnościowo-Kredytowa (Wielkopolska Credit Union). The credit union possessed 39 575 depositors with guaranteed deposits amounted to EUR 66.1 million (PLN 284.2 million).  
 
The direct reason for the determination of unavailability of deposits was the fact that assets of the credit union were not sufficient to meet its obligations. The deposits reimbursement started on February 13, 2017 (6th working day). From February 13 to April 14, 2017 the bank agent (PKO Bank Polski S.A.) reimburses deposits to the depositors.
 
The Bank Guarantee Fund will continue the reimbursement process to the date of February 2, 2022.

17/02/2017

 

Notification from the Bank Guarantee Fund in Poland in relation to determination of the unavailability of deposits at Bank Spółdzielczy w Nadarzynie (Cooperative Bank in Nadarzyn).

The EBA has received a notification from the Bankowy Fundusz Gwarancyjny (the Bank Guarantee Fund in Poland) in relation to determination of the unavailability of deposits at Bank Spółdzielczy w Nadarzynie (Cooperative Bank in Nadarzyn).
 
On October 24, 2016 the Polish Financial Supervision Authority suspended operations and filed for bankruptcy of Bank Spółdzielczy w Nadarzynie (Cooperative Bank in Nadarzyn) – the date of determination of the unavailability of deposits. The bank possessed 5595 depositors with guaranteed deposits amounted to EUR 33.7 million (PLN 145.6 million).  
 
The direct reason for the determination of unavailability of deposits was lack of current liquidity. The deposits reimbursement started on November 2, 2016 (6th working day). From November 2 to December 30, 2016 the bank agent (BZ WBK S.A.) reimbursed deposits to the depositors.
 
The Bank Guarantee Fund continues the reimbursement process to the date of October 23, 2021.

15/11/2016

Other DGS cases