March 28, 2023

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Amin at Getin Noble.  The Polish Financial Supervisory Authority rejected Leszek Czernici's plan to recover banks

Amin at Getin Noble. The Polish Financial Supervisory Authority rejected Leszek Czernici’s plan to recover banks

In the information provided by the Polish Financial Supervisory Authority regarding the rejection of the recovery plan prepared by the Board of Directors on December 22 Jiten Noble Bank He noted that this decision was affected, among other things, by the failure to take into account the changes that have occurred in the market in recent months. This involves a legal risk Swiss Franc Loans As a result of the jurisprudence of the courts or the high level of interest rates. The KNF directly wrote that the GNB Board of Directors’ ideas contained in the Recovery Plan Update, which relate, among other things, to financial results or achieving minimum organizational levels “have not been sufficiently justified and substantiated.”

At the same time, the Palestinian Financial Services Authority (PFSA) gave the company four months to create a new refund plan.