EC approves Poland’s Getin Noble bank resolution

The Brussels Times

Belgium, (Brussels Morning Newspaper) The European Commission approved Poland’s plan for resolution of the Getin Noble bank.

The Commission pointed out in a statement on Sunday that Polish authorities will coordinate the resolution process with the aim of enabling a wind-down or orderly sale of the bank.

The EC stressed that the plan will preserve financial stability and competition on the EU single market, adding that the bank is one of the ten largest in Poland with assets of roughly 9.2 billion euro.

Continue reading EC approves Poland’s Getin Noble bank resolution at Brussels Morning Newspaper.