Dagmara Wieczorek-Bartczak is a member of the Management Board of the Bank Guarantee Fund since 1 February 2022. She oversees the preparation of the Fund to the resolution authority role in the insurance sector.
For over 22 years Ms. Wieczorek-Bartczak was working at the Financial Supervision Authority Office, where, inter alia, she was the Managing Director
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Maciej Szczęsny
Appointed by the Minister of Finance as the Chairman of the BFG Council on January 19, 2024.
He has been associated with the banking sector for over 20 years. He began his career in 1997 at BRE Corporate Finance, where as a consultant he participated in teams working on merger and acquisition projects, privatization, and corporate
Resolution of Getin Noble Bank S.A.
On 29 September 2022, the Bank Guarantee Fund adopted a resolution decision for Getin Noble Bank S.A. (“the Bank”). On 30 September 2022, the Fund’s decision was delivered to the Bank. Thus, on that date, the resolution process against Getin Noble Bank S.A. was initiated. Also on that date, the Bank’s capital instruments were written
Resolution of Getin Noble Bank S.A.
On 29 September 2022, the Bank Guarantee Fund adopted a resolution decision for Getin Noble Bank S.A. (“the Bank”). On 30 September 2022, the Fund’s decision was delivered to the Bank. Thus, on that date, the resolution process against Getin Noble Bank S.A. was initiated. Also on that date, the Bank’s capital instruments were written down
What is insurance company resolution?
Resolution is a mechanism used to avoid the uncontrolled failure of an insurer and its negative impact on the economy, the financial system, and society. Resolution allows for the recovery of an entity in a poor financial position or its orderly exit from the market. Rescuing an insurer should not involve taxpayers’ money, hence EU
Deposit Guarantee
The principles of guaranteeing deposits are stipulated in the Act on the Bank Guarantee Fund, Deposit Guarantee Scheme and Resolution of 10 June 2016 (Journal of Laws item 996). Prior to 8 October 2016, the deposit insurance scheme had been governed by the Act on the Bank Guarantee Fund of 14 December 1994 (Journal of
Scope of Deposit Coverage
Funds and claims of natural persons are covered, as well as:
in the event of a bank or a branch of a foreign bank – funds and claims of the following are covered:
natural persons,
organisational units without separate legal personality, but possessing legal capacity under a separate Act,
school savings associations,
employee assistance-and-loan associations
parent’s
The Act on the Bank Guarantee Fund, Deposit Guarantee Scheme and Resolution entered into force
On 9 October 2016 entered into force the Act on the Bank Guarantee Fund, Deposit Guarantee Scheme and Resolution (the Act on BFG).
Under the new Act on BFG the Fund has gained new powers enabling to carry out a resolution action. The Fund may start the resolution process, if any opportunities to recover a bank