Idea Bank SA (IDE)

Idea Bank S.A. was acquired by Bank Polska Kasa Opieki S.A. Idea Bank S.A. provides various banking products and services to micro, small, and medium businesses in Poland and internationally. The company operates through banking, financial brokerage, and leasing segments. It offers cash deposits, bank accounts, loans and advances, cash settlement, L/C opening and confirmation, custody, bank safe, intermediary services in cash transfers, and FX transactions; issues bank guarantees, sureties, payment cards, and e-money instruments; transacts on cheques and bills of exchange, warranty operations, acquisition and disposal of receivables, and forward and futures; and represents investors in transactions in securities, as well as purchases and sells foreign currencies. The company also acquires and purchases shares, rights, other legal entity’s interests, and investment funds’ share units; incurs liabilities related to the issue of securities; offers debts for asset swap, financial advisory and consulting, finance lease, investment, securities trading, and insurance agency, as well as financial services related to insurance, pension, and disability funds; and manages securitized debts in securitization funds. The company provides brokerage services for the conclusion of factoring agreements, forfaiting agreements, and for the sale of financial leasing services, as well as lending, and acquiring contracts; acquires and transfers purchase or sell orders of financial instruments in the form of participation units in collective investment undertakings; provides financial instruments in the form of investment certificates and bonds; and purchases, sells, and leases real estate properties. The company was founded in 1991 and is based in Warsaw, Poland.