In 2022, mBank Group reported a net loss of PLN 703 million. It marked the second negative result in a row. However, the loss did not by any means result from the weakness of its core business, but was caused by the state interventions and the bank’s decision to book hig...

Andreas Böger, Vice-President of the Management Board, Chief Financial Officer has resigned effective 30 April 2023. He will take on the position of Divisional Board Member responsible for Group Finance at Commerzbank.

In Q3 2022, mBank’s income hit a record high, which was coupled by rising market shares and strong client acquisition. However, the financial performance was adversely affected by a number of one-off factors, in particular the so-called credit holiday and costs of legal ...

mBank proposes attractive settlements to its clients who are repaying loans in CHF. It reduces the loan principal and offers semi-fixed interest at a competitive level of 4.99%. The process of signing settlements is simple and does not burden borrowers with red tape.

SBTi will check whether mBank’s decarbonisation pathway is in line with scientific evidence regarding global warming. Climate protection is a vital component of mBank’s strategy.

mBank has released the amount of legal risk costs connected with CHF mortgages for Q3 and their impact on the bank’s financial performance in 2022. In addition, the bank has announced a settlement programme for all CHF borrowers due to start in October.

In Q2, mBank posted a record-high income (over PLN 2.2 billion); however, higher costs and contributions squeezed its net profit to PLN 229.7 million.

For the first time in its history, mBank Group’s total quarterly income exceeded PLN 2 billion. The bank’s net profit in Q1 2022 stood at over PLN 512 million. 

mBank and PGGM have entered into a credit risk sharing transaction based on the Polish bank’s corporate loans portfolio. The transaction relates to a PLN 9 billion portfolio of loans to large, medium and small Polish corporates. The transaction marks the first partnershi...