Getin will pay around PLN52 million (EUR12.4 million) for VB Leasing Romania and approximately PLN111 million (EUR26.5 million) for VB Leasing Poland.
VB Romania IFN is among the biggest six players on the local leasing market and operates seven units.
As a result of the purchase of 100% shares in VB Leasing Romania, Getin shall also indirectly control VBL Broker de Asigurare, a subsidiary of VB Leasing, the company said.
The banks owned by the Polish group, Getin Bank, Idea Bank and RIB, will purchase receivables from the two leasing companies, for an undisclosed price.
Getin Holding is 55.8% owned by businessman Leszek Czarnecki and is one of the largest companies listed on the Warsaw Stock Exchange.
Getin Holding became sole shareholder in RIB in December last year, after it acquired an 89.4% stake from Daniel and Florina Roberts. The value of the deal was not disclosed. RIB has assets worth RON436.4 million.
In 2013, Volksbank group started the sale of Volksbank Leasing International, which also operates in Romania. The bank had to sell its operations in Central and Eastern Europe due to the conditions imposed by the European Commission for the financial aid received by Volksbank from the Austrian state following the financial crisis.