2. Changes in the Group companies

In 2023, the following events occurred in the structure of the Group.

  • In January 2023, the placing of Molina spółka z ograniczoną odpowiedzialnością 2 S.K.A. w likwidacji (in liquidation) and Molina spółka z ograniczoną odpowiedzialnością 4 S.K.A. w likwidacji (in liquidation) (entities from the Merkury fiz an portfolio) was entered in the National Court Register.
  • In September 2023, the Bank’s Management Board approved the merger of the investment funds NEPTUN – fiz an (the acquiring fund) and Merkury – fiz an (the acquired fund) by transferring the assets of the acquired fund to the existing acquiring fund and allocating investment certificates of the acquired fund to a participant of the acquiring fund in exchange for investment certificates of the acquired fund. This merger was effected on 30 January 2024. In the Bank’s annual separate financial statements, Mercury – fiz an, in accordance with International Financial Reporting Standard 5, is reported as an asset held for sale and in the Group’s annual consolidated financial statements, the fund and its subsidiaries are included in the consolidation.
  • “KREDOLEASING” sp. z o.o., a subsidiary of KREDOBANK S.A., commenced leasing activities. The company launched operations to a limited extent due to the war in Ukraine, where it is based.