Sygma Bank Polska S.A. (Poland)

Address

ul. Suwak 3, 02-676, Warszawa, Poland

BIC

n/a

Overview

Business Focus

consumer finance

The history of Sygma Bank began in 1999 when Finplus SA company, which specialized in consumer loans and financing purchases using credit cards started operating in Poland. In 2004 it was decided to conduct business in Poland through a branch of French bank Sygma Banque Societe Anonyme, which in 2010 was merged with Cetelem Bank SA, becoming one of the leading players on the consumer finance market in Poland. In 2015 it was transformed into Sygma Banque Societe Anonyme Branch in Poland and then into the bank named Sygma Bank Polska. Sygma Bank Polska is part of BNP Paribas Personal Finance. It specializes in actively supporting retail chains through financial and non-financial services, as well as installment loans and cash loans. On May 31, 2016 a legal merger of Sygma Bank Polska SA into Bank BGZ BNP Paribas SA was completed.

Deposit Protection

Deposits up to 100,000 EUR are covered by French deposit guarantee scheme in Sygma Bank Polska S.A.

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Fonds de Garantie des Dépôts et de Résolution (FGDR)

Covered Accounts

all deposit accounts

Eligible Depositors

natural persons
legal entities

Sygma Bank Polska S.A. protects deposits up to up to 100,000 EUR per depositor through France's deposit guarantee scheme. The scheme applies to all deposit accounts made by natural persons, legal entities. The bank participates in the Fonds de Garantie des Dépôts et de Résolution (FGDR), making regular contributions into it.