Saturday , May 15 2021

Are banking concerns a concern? – the bank

A big rebate to Getin Noble Bank and Idea Bank for drinks raised concerns about their situation. Do customers have to worry about something?

Getin Noble Bank and Idea Bank share for about five days, 40 percent respectively. and 27 percent This is the outburst of Lesek Czarnecki's interview with Marek Chrzanowski on Tuesday. The main shareholder, Getin Noble and Idea Bank, will charge the head of the early Polish Financial Supervisory Authority that he wants to approve him in exchange for favorable oversight. Chrzanowski has already abandoned his function.

The situation is stable

The question of both banks to customers, some of the affiliates or banks visited, when they asked about their savings security, some even decided to withdraw at least their honor. Ideas bank emphasizes that state guarantees from the Bank Guarantee Fund (BFG) to 100,000 PLN equivalents are applied to deposited deposits. Euro) (currently lower than PLN 430,000), which will be approved by the Financial Stability Committee on Thursday. – Reactions to the capital market are emotional and not related to the real situation of the bank. Media discussions are not related to the idea of ​​a bank's current activities. He works normally. Customer service works without any problems, says Beata Nasik from the idea bank press office.

Representatives of Getin Noble claim that the sale of WSE shares is a derivative of external and bank independent events that is unrelated to its operations and financial position. "Note that over the last few months, the bank's capital situation has significantly improved both equity issues and it has been recalled that this year's major shareholder will decide PLN 390 million and current capital ratios far exceed European standards. By the end of June, Getin Noble had almost nearly PLN 47 billion and Idea Bank – more than PLN 19 billion.

The President of the National Bank of Poland, Adam Glapiski, assures the bank that the central bank will ensure that there is no money in the banking and payment system. Everything is controlled, stable, properly regulated by law. NBP is ready to act. We observe all patents, fees, and costs. Everything is safe, stable and persuasive. On Thursday, KSF discusses the financial position of Idea Bank and Getin Noble Bank. It was found that the system is working stably and the KSF is currently monitoring the situation of banks.

How BFG guarantees work

Ideas in the bank and the funds accumulated by Getin Noble are protected by BFG. This applies to personal deposits of zloty and currency, natural persons, legal entities, including local government units, organizational units without legal personality, as long as they have legal capacity, school savings funds and employee benefits and loan funds.

However, Treasury deposits, financial institutions, including, for example, banks, investment companies, brokerage bodies, insurance services providers, investment funds, pension funds, reserve deposits and credit unions (deposits deposited by these institutions in the bank), management staff of the bank and the main owners of the bank.

High warranty up to 100,000 euros. The guaranteed amount is determined according to the depositor's funds on the day that the bank or cashier's guarantee conditions are fulfilled (together with interest accrued by that date). This amount is calculated from the amount of funds deposited by one person in one account (eg, Term deposits, current accounts, savings and current accounts) in one bank or cash desk. In the case of a joint account, each co-owner has a separate guarantee amount. The guarantee covers the accumulated funds in both zloty and foreign currency. Regardless of the account currency, the guaranteed payment is paid by the zloty. In the case of a structured deposit, the BGF guarantee is covered by funds deposited as capital. The commencement of the payment must start seven working days after the start of the procedure.

More information on Deposit Guarantees on the BFG website

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