Brief: Getin Holding Sees Size Of Group Lowered By About 80% Due To Restructuring Of Idea Bank

Getin Holding SA

05/01/2021 17:25

Jan 5 (Reuters) - Getin Holding SA  GTN.WA :
    * SAYS STANDALONE 2020 NET RESULT WILL BE LOWERED BY 151.2
MILLION
ZLOTYS DUE TO FORCED RESTRUCTURING OF IDEA BANK
    * SAYS ESTIMATES THAT SIZE OF CAPITAL GROUP MEASURED BY SIZE
OF
CONSOLIDATED ASSETS WILL BE LOWERED BY ABOUT 80% AS OF DEC 31,
2020
    * SAYS FORCED RESTRUCTURING OF IDEA BANK DOES NOT DIRECTLY
AFFECT
POSSIBILITY OF CONTINUING COMPANY'S OPERATIONS ON OTHER MARKETS

Source text for Eikon:  ID:nEM9RKbgGa 
Further company coverage:  GTN.WA 

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