On November 12, 2024, the Bank Guarantee Fund, Poland’s Deposit Guarantee Scheme, signed a Memorandum of Understanding (MoU) with its Korean counterpart, the Korea Deposit Insurance Corporation (KDIC). The agreement was signed by Maciej Szczęsny, President of the Management Board of BFG, and Yoo JaeHoon, KDIC Chairman and President, during the Annual General Meeting of

The Bank Guarantee Fund Signs MoU with the Korea Deposit Insurance Corporation (KDIC)Read more …

The Bank Guarantee Fund on 1 August signed a final agreement for the sale of 100% of the shares in VeloBank S.A. (‘Bank’) to Promontoria Holding 418 B.V., which is indirectly owned by Cerberus Capital Management, L.P., the European Bank for Reconstruction and Development (“EBRD”) and the International Finance Corporation (“IFC”, a member of the

Information on the sale of 100% of VeloBank S.A. sharesRead more …