Forced restructuring of Idea Bank

Forced restructuring of Idea Bank

On the last day of December, forced restructuring was initiated against Idea Bank.

The risk of bankruptcy, the lack of grounds to conclude that remedial actions will eliminate the aforementioned threat and concern for the public interest prompted the Bank Guarantee Fund to take such a decision.

The restructuring took place by taking over the institution and most of Idea Bank’s liabilities by Bank Pekao.

The takeover of the Bank took place yesterday, ie on January 3.

Source: https://www.bfg.pl/bfg-wszczal-przymusowa-restrukturyzacje-idea-bank-s-a-ktory-zostanie-przejety-przez-bank-pekao-s-a/

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