Skarbiec Holding takes over Noble Securities brokerage house

"The acquisition of Noble Securities is of fundamental importance for building Skarbiec Holding's market position. It allows us to significantly expand the range of investment products and services offered by Skarbiec Group (...)," said Piotr Szulec, CEO of Skarbiec Holding and its mutual fund, Skarbiec TFI, quoted in the press release.

"We have reason to be satisfied. We bought a valuable entity, as evidenced both by its financial results, market reputation and prospective specialisation, which is the presence, among others, on the energy trading market," he added.

According to Marcin Kubiczek, Getin Noble Bank's trustee, the most important thing for the bankruptcy estate is to sell its assets and raise funds to satisfy some of its debts.

"For the national economic system, in turn, it is the 'release' of a valuable asset that will be able to grow its business under the wing of a resilient holding company. In the long term, this would not have been possible under the structure of a failed bank," the trustee added.

Skarbiec Holding signed an agreement to acquire brokerage Noble Securities at the end of October 2024. In December 2024, Poland's antitrust and consumer protection office UOKiK raised no objections to the transaction.

In March 2025, the sale of Noble Securities was approved by the commissioner judge in charge of Getin Noble Bank's bankruptcy proceedings (GNB's bankruptcy estate includes, among others, the assets of Noble Securities). At the beginning of April 2025, approval for the transaction was granted by Poland's financial market regulator KNF, thus closing the formal and legal process necessary to conclude the acquisition of Noble Securities by Skarbiec Holding.

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