Global Trade Alert
Global Trade Alert

Poland: Creation of a bridge bank to ensure the smooth market exit of Getin Noble Bank

Announcement

01 Oct 2022

In October 2022, the European Commission approved two Polish recapitalisation measures in the context of the resolution of the Polish Getin Noble Bank S.A.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Oct 2022

Revocation date:

No revocation date

Updated: 01 Oct 2022
Capital injection and equity stakes (including bailouts) In force

On 1 October 2022, the European Commission approved a PLN 6.9 billion (USD 1.3 billion) capital injection measure from Poland. The aid will support the creation of a bridge bank in order ...

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