BFG launched forced restructuring of Getin Noble Bank and will move lender's operations to a special-purpose bank set up by BFG and the protection vehicle set up by eight commercial banks, BFG said in a statement. The operations will be moved on October 3. BFG will hold 51% in the new bank, the banking sector vehicle will hold the rest. Operations of the bank will continue uninterrupted for all clients, including business clients.

The new bank that will take over GNB operations will be eventually branded VeloBank. BFG will provide PLN 6.87 billion for the process, the special-purpose bank will offer PLN 3.47 billion.