mBank Group: almost PLN 700 million net profit in the first half of 2018

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Growing income and profit. Rising credit sales and client base – H1 2018 in mBank Group.
mBank Group posts a net profit of PLN 411 million in Q1 2018

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In Q1 2018, mBank Group once again reported higher income, while maintaining cost discipline. The bank was growing organically through client acquisition and strengthening its deposit and credit base
mBank delivers solid performance in Q1

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In the first quarter of 2017, mBank Group earned a net profit of PLN 219 million. The result was helped by higher income (over PLN 1 billion) and positive business development with customer base growing by 100 thousand quarter on quarter. The profit was reduced by a contribution to the Bank Guarantee Fund’s resolution scheme.
mBank closes 2017 with record-high revenues. Last quarter brought good results

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In 2017, mBank Group generated the highest revenues in history, with the total income at PLN 4,454 million. Even with the Visa transaction included in the 2016 base, the income went up by 3.7%. The institution owes its results to the organic business growth and offer expansion.
mBank: Solid foundations for growth

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mBank Group closed H1 2017 with a net profit of PLN 488.5 million compared with PLN 696.3 million in the same period last year. The decrease is attributable to one-off factors and tax charges. mBank continued to grow organically in H1 2017. It acquired almost 200 thousand retail and 560 corporate clients.
mBank licensed its electronic banking solution to a French partner

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The internationally awarded mobile and internet banking platform will be offered to other financial institutions outside Poland. The first licence has been bought by France’s La Banque Postale. Accenture is mBank’s strategic partner and will help implement the solution at La Banque Postale. Licences for banking systems and retail banking know-how might be granted to other companies in the future. It is the first venture of this kind in the Polish finance industry.
mBank licensed its electronic banking solution to a French partner

ago

The internationally awarded mobile and internet banking platform will be offered to other financial institutions outside Poland. The first licence has been bought by France’s La Banque Postale. Accenture is mBank’s strategic partner and will help implement the solution at La Banque Postale. Licences for banking systems and retail banking know-how might be granted to other companies in the future. It is the first venture of this kind in the Polish finance industry.
mBank outpaces competition in terms of mobility

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Forrester Research, a global research and advisory firm which analysed mobile banking solutions offered by European banks, appreciated the functionalities and user-friendliness of mBank’s application and ranked it second. At the same time, mBank’s app was hailed as the most convenient and user-friendly.
Mobile payments and many other functionalities in the new mobile app of mBank

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mBank has just introduced a mobile app with the Android Pay functionality, the possibility of logging in with a fingerprint, also in the Android platform, and a display of clients’ spending rate to help them control their budget. The design of the app was inspired by users’ opinions and habits. All this to create a mobile tool that meets each and every expectation of its user.
mBank will invest EUR 50 million in new technologies for financial institutions

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mBank will set up the first fund in Central and Eastern Europe that will specialise in developing and commercialising new technologies. The Polish bank wants to become one of the leaders shaping the financial sector’s digital transformation. The investment will be of benefit to mBank’s customers who will be the first to get access to the new solutions.
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