Santander Bank Polska stock tracks new bond plan
Published on 11/11/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBond plan shapes investor focus
- Erste Bank Polska approved Series 1/2026 senior preferred bonds on November 5.
- The issue may qualify as eligible liabilities under Poland's bank resolution framework.
- The bank plans to seek trading admission for the bonds on the Warsaw Stock Exchange's alternative trading system.
Erste Bank Polska has approved a new senior preferred bond issue as investors assess the next phase of the lender formerly known as Santander Bank Polska. The bank announced the decision on Thursday, November 5, 2026, in Current Report no. 39.
Funding terms set for November
The Series 1/2026 senior preferred bonds will have a total nominal value of up to PLN 2 billion. Settlement is scheduled for Tuesday, November 24, 2026, while redemption is set for November 26, 2029, subject to the bank's right to redeem the bonds early.
The bonds will carry a floating interest rate equal to six-month WIBOR plus a margin of 1.20 percent a year. Each bond will have a nominal value of PLN 500,000, and the issue price will equal its nominal value.
Capital structure remains in focus
The securities will be unsecured and issued in dematerialised bearer form. Erste Bank Polska said the liabilities may qualify as eligible liabilities under Poland's bank guarantee, deposit guarantee and resolution framework, giving the financing plan a regulatory and balance-sheet dimension.
The bank also plans to apply for admission of the bonds to trading in the alternative trading system operated by the Warsaw Stock Exchange. The report describes the planned issue and application; it does not establish that the bonds have already been placed or admitted to trading.
Shareholder perspective
For shareholders, the bond plan adds a funding consideration to the bank's ongoing transition under the Erste Bank Polska name. The main factors to watch are execution of the issue, investor demand and the effect of additional wholesale funding on capital and liquidity management.
On Wednesday, November 11, 2026, Santander Bank Polska stock traded at 180.70 euros on Lang & Schwarz at 11:13 CET. The quote provides an intraday reference for investors following the share while the planned bond settlement remains ahead.
Santander Bank Polska at a glance
- Company: Santander Bank Polska S.A., now operating as Erste Bank Polska
- ISIN: PLBZ00000044
- Lang & Schwarz quote: 180.70 euros at 11:13 CET on November 11, 2026
- Senior preferred bond issue: Up to PLN 2 billion
- Settlement: November 24, 2026
- Redemption: November 26, 2029, subject to early redemption
Polish equities remain the relevant market backdrop for Santander Bank Polska stock; investors can follow the WIG 20.
Further developments around the financing plan and the bank's ownership transition will be followed in More news and analyses on Santander Bank Polska stock.
