The new Vice-President of the Management Board for Compliance, Legal and HR at mBank

The position of Vice-President of the Management Board for Compliance, Legal and HR will be created in the Management Board of mBank. The supervisory board of the bank recommended Mrs. Julia Nusser, the managing director of Commerzbank, for this role.
mBank reports solid operational results for 2022 weighed down by legal costs and state-imposed burdens

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...
mBank’s CFO appointed as new Head of Group Finance at Commerzbank
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.
Q3 2022 at mBank: financial performance weighed down by government-imposed burdens

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 ...
Settlements at mBank: no FX risk and a semi-fixed interest rate at 4.99%

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.
mBank joins the Science Based Targets initiative in yet another step towards reaching climate neutrality

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: update of legal risk costs and decision on settlements

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.
Good performance amid difficult environment – mBank’s results in Q2 2022

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.
Credit Information Bureau (BIK) invests in mAccelerator fintech

On May 30th , 2022, Biuro Informacji Kredytowej added the Digital Fingerprints brand to its portfolio – the creator of solutions in the field of behavioural biometrics. Thanks to the acquisition of the Polish fintech, the innovative technology strengthens the digital ars...