Bank mergers and acquisitions – what should customers know?

In recent months, changes in the Polish banking sector have been quite frequent. Check what mergers took place and what institutions appeared and which went down in history at the turn of the last few years.

Good Finance is the result of the merger of the bank and telecom


The cooperation between Good Finance and E-Money started in 2014. The intention of such collaboration was to provide banking and telecommunications products from one distributor.

The company survived several years. She offered her clients personal and savings accounts, debit and credit cards, deposits and cash loans.

Good Finance and E-Money parted in August 2018, signing an agreement to terminate cooperation. On April 15, 2019, the name changed from Good Finance to Good Credit, banking products are provided by E-Money.

Customers can choose several solutions


First, they can transfer their banking products from Good Finance to E-Money. Secondly, they can terminate the contract, but if they have credit cards, revolving loans or a bank account for companies and do not want to transfer them to E-Money, then the termination of the contract will involve full repayment of the debt.

The cash loan can be transferred to E-Money or left at Good Credit. Thirdly, if you are both a customer of Good Finance and E-Money, then the easiest will be if you transfer all your products to E-Money.

  • August 2018: end of cooperation between Good Finance and E-Money.
  • April 2019: change of the name from Good Finance to Good Credit.

What other changes have you made over the past decade?


Banks don’t like to stand still. They are constantly changing, both outside and inside. Castling in the bank’s structure, purchase of new companies, acquisitions and mergers – this is happening all the time. Below you will find a list of the most important changes and mergers that took place in the years 2010 – 2019 on the Polish banking arena.

At present, over half of the assets of the commercial banking sector in Poland have Polish capital. The total value of the assets of commercial banks is about USD 1.6 trillion, which means that over USD 800 billion is under the control of our native shareholders. These numbers are the effect of repolonization, i.e. the takeover of control over banks by companies with Polish capital.

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