Getin Bank

{{Infobox company

| name = Getin Bank

| logo = Getin Bank Logo.png

| type = Public limited company

| image = Wola Center, Przyokopowa 33, Getin bank.jpg

| image_caption=Getin Bank in Warsaw

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| industry = Financial services

| products = Banking and insurance

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| parent = Getin Noble Bank SA

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| homepage = [https://web.archive.org/web/20210525033500/https://www.getinbank.pl/ www.getinbank.pl]

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File:GET IN Bank w 60-tysięcznym Tomaszowie Mazowieckim, w województwie łódzkim.jpg, Poland]]

Getin Bank was a bank in Poland, part of Noble Bank SA.{{cite web|title=About|url=https://www.getinbank.pl/o-banku|website=Getin Bank|accessdate=20 December 2014}} It provided services to individual and business clients. The core business activity of Getin Bank was retail banking.{{cite web|title=Status |url=http://www.getinnoblebank.pl/_files/Statut_GNB_1.06.2012.pdf |website=Getin Bank |accessdate=20 December 2014 }}{{dead link|date=January 2017 |bot=InternetArchiveBot |fix-attempted=yes }} The bank was used by about 2,4 million clients, its products were available at over 500 individual points and franchises, self use Getin Point and different localities.

In 2022 the bank turned into Velo Bank.{{cite web|title=Home|url=https://www.getinbank.pl/|website=Getin Bank|accessdate=20 December 2014}}

History

The bank began after deriving from Górnośląski Bank Gospodarczy SA, which began itself after the Decision no. 44 of the President of the National Bank of Poland on 3 October 1990.{{cite web|title=Business|url=http://biznes.newsweek.pl/ranking-bankow-przyjazny-bank-newsweeka,artykuly,271397,1.html|website=Newsweek|accessdate=20 December 2014|archive-url=https://web.archive.org/web/20141220211821/http://biznes.newsweek.pl/ranking-bankow-przyjazny-bank-newsweeka,artykuly,271397,1.html|archive-date=20 December 2014|url-status=dead}} The first financial operations occurred on 2 January 1991 in a branch in Katowice. In the year of 1995, the bank gained a strategic investor: the Powszechny Bank Kredytowy SA. From 1 January 2002 to May 2004, GBG Bank functioned as part of the Capital Group of the Bank Przemysłowo Handlowy. The actions from the Bank BPH Getin Holding bought on 25 May 2004.{{cite web|title=Home|url=http://en.getin.pl/|website=GetinHolding|accessdate=20 December 2014|archive-date=12 October 2015|archive-url=https://web.archive.org/web/20151012054517/http://en.getin.pl/|url-status=dead}}

On 24 September 2004, the bank changed branding to Getin Bank SA. Following this the Getin Bank SA had taken the Bank Przemysłowy in Łódź. In the year after, the Getin Holding finilised a purchase transaction of the Wschodni Bank Cukrownictwa.{{cite web|title=Getin Bank takes over WBC|url=http://prnews.pl/getin-noble-bank/getin-bank-przejal-oddzialy-wschodniego-banku-cukrownictwa-19179.html|website=PR News|accessdate=20 December 2014}}{{cite web|title=GetinHolding|url=http://www.wirtualnemedia.pl/artykul/getin-noble-bank-nagrodzony-w-cannes-lions-za-karte-matercard-display-wideo|website=Wirtualne Media|accessdate=20 December 2014}} In March 2006 some of WBC's branches have been taken over by Getin Bank, while the license from the WBC Bank has been able to be used for the founding of the Noble Bank.{{cite web|title=Private banking|url=http://noblebank.pl/|website=Noble Bank|accessdate=20 December 2014}} In January 2010, Getin Bank joined Noble Bank to form the Getin Noble Bank SA.{{cite web|title=Getin Bank joins Noble Bank|url=http://www.parkiet.com/artykul/10,884026.html|website=Parkiet|accessdate=20 December 2014|archive-url=https://web.archive.org/web/20141220224659/http://www.parkiet.com/artykul/10,884026.html|archive-date=20 December 2014|url-status=dead}}

Controversies

Since joining the Noble Bank in August 2010 the Getin Noble Bank has been fined three times by the UOKiK for wrong practices against their clients and for falsehood. The last fine given by the UOKiK was for the way car insurance was being given. According to the UOKiK the agreements concluded that Getin Noble Bank had given imprecise agreements which allowed the bank to terminate the obligation to repay the loan immediately and in contravention to the signed legislation which did not inform the borrower about the total cost of all fees and commissions. The amount of the fine imposed by the UOKiK amounted to almost 6 million złoty.{{cite web|title=Getin Bank breaks the law |url=http://gb.pl/banki/prawo-bankowe-i-finansowe/getin-noble-bank-zlamal-prawo.html |archive-url=https://archive.today/20130503171207/http://gb.pl/banki/prawo-bankowe-i-finansowe/getin-noble-bank-zlamal-prawo.html |url-status=dead |archive-date=3 May 2013 |website=Gazeta Bankowa |accessdate=20 December 2014 }}

References

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