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Polish regulator OKs financial recovery plan for Getin Noble Bank

Poland'sFinancial Supervision Authority approved an updated financial rehabilitationprogram filed by Getin Noble BankSA, the lender said Sept. 23.

Thethree-year program was submittedto the FSA in March 2016, after the bank reported a net loss for 2015. GetinNoble's CEO Krzysztof Rosinski said at the time the program would make the bankexempt from paying an asset tax introduced in Poland early in 2016.