Getin Noble Bank (GNB)

1.50PLN
+ 0.67% 17:01

Current report number 81/2009

24.09.2009

Management Board’s report

The Management Board of Noble Bank S.A. (the “Issuer”) announces that on 24 September 2009 it was informed by its subsidiary Open Finance S.A. (“Open Finance”) of the value of financial and investment products sold through the intermediation of Open Finance in the period from January 2009 to August 2009, which shall be provided to the press regarding the results of the financial advisors sector.  
Details are shown in the table below:

 

                                                                                                                      January – August 2008           January – August 2009                   Change
SALES OF FINANCIAL PRODUCTS BY OPEN FINANCE S.A.

MORTGAGE LOANS

Net value of loan applications (one application per household)         5,8 billion PLN                          6,9 billion PLN                                    19%

Sales to present clients/refinance loans (applications received net)

INVESTMENT PRODUCTS

Total value of investments (applications received)*                               0,5 billion PLN                          2,5 billion PLN                                  400%
TOTAL SALES**                                                                                             6,3 billion PLN                          9,4 billion PLN                                    49%

* the sum of the value of new one-off investments and the value of regular investments with an annual premium
* the sum of the value of loans and the value of total investments (value of applications received)

 

Legal basis: Art. 56 (1)(1) of the Polish Act of 25 July 2005 on public offerings and the conditions for introducing financial instruments into an organized trading system and on public companies (Journal of Laws of 2005, No. 184, item 1539).