The compulsory restructuring of Getin Noble Bank (GNB) was carried out in autumn 2022. BFG emphasizes that this process allowed to protect all customer deposits in the amount of PLN 38.1 billion, including PLN 3.3 billion of deposits that could not be paid out under the BFG guarantee in the event of bankruptcy. A complaint against the BFG decision was lodged by the bank's Supervisory Board, but also by many customers.
As a result, on January 29, 2025, The Provincial Administrative Court in Warsaw found that the decision of the Bank Guarantee Fund on the compulsory restructuring of Getin Noble Bank was issued in violation of the law. As we described in detail in Business Insider, according to the court, the BGF did not introduce appropriate structural arrangements that would ensure operational independence and the absence of conflicts of interest between the various functions of the Fund. This judgment was also appealed against.
Date of the hearing at the Supreme Administrative Court
Now The Supreme Administrative Court set the date of the hearing. It is scheduled to take place on Thursday, March 26. However, a decision does not have to be made on that day.
The court has the right to postpone the sentence. And that's exactly what happened in the case of another bank owned by Leszek Czarnecki. Everything indicates that it may be similar this time, because it is a complicated and important matter. It is also unclear how the Supreme Administrative Court will rule.
It has several options. It may repeal the contested judgment and refer the case for reconsideration or change the contested judgment.
One thing is certain, the Supreme Administrative Court's judgment will determine whether the door to claims for compensation will be opened.
This is the second such case at the NSA
The Supreme Administrative Court has already decided on the compulsory restructuring of Idea Bank, which was the result of, among others, GetBack scandal. The case is not over. The Supreme Administrative Court overturned the judgment of the Provincial Administrative Court and referred it for reconsideration. The Supreme Administrative Court accepted eight cassation appeals and dismissed the remaining 40.
We described the Supreme Administrative Court's judgment in the Idea Bank case in detail in the article entitled Compulsory restructuring of Leszek Czarnecki's bank. There is a court decision
