The EBA acknowledges the notification from the Bank Guarantee Fund in its capacity as the Polish Resolution Authority with respect to its decision on the resolution of the Getin Noble Bank S.A.

04/10/2022

The EBA received notification from Poland’s Bank Guarantee Fund on the commencement of resolution actions (write-down or conversion of capital instruments, the application of the sale of business resolution tool, and the appointment of an administrator) for Idea Bank S.A.

07/01/2021

The EBA has received a notification from the Polish Bank Guarantee Fund in relation to the determination of the unavailability of deposits at Bank Spółdzielczy w Grębowie (Grębów Cooperation Bank) which required the use of DGS funds. The bank had 2,362 depositors with covered deposits of 5,4m EUR. Click here to view the notification letter.

 

25/07/2019

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

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.

14/06/2017

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

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

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