mBank posts excellent operating results

mBank Group reports solid operating results in Q3 2023, with its profit before tax from core operations exceeding PLN 1.5 billion.
mBank continues its streak of excellent operating results

In the previous quarter, mBank improved its operating results again, with its total income reaching a record high. The key component of total income, net interest income, was historically high at PLN 2.2 billion, up by 29% year on year. At the same time, the bank created...
mBank posts H1 profit despite provisions

mBank has published the amount of legal risk costs connected with CHF mortgages in Q2. Additional provisions were made to cover the potential consequences of the CJEU ruling regarding remuneration for the use of capital and the costs of settlements. The bank has already ...
Strong Q1 operating results give mBank a solid start into 2023

mBank entered the year with upbeat operating results. Revenues hit a record high of PLN 2.5 billion. Net profit of PLN 143 million was dented by legal risk costs connected with the CHF loan portfolio. The bank was active in offering settlements to CHF borrowers, with th...
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.
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