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BRE Bank's financial results in 2004

BRE Bank’s results on its core business in 2004 were better than expected. The result on banking operations was over PLN 1 billion, the best result in 5 years. This proves that BRE Bank has the structural capacity to generate high revenue on its core business. Despite th...

7 February 2005

2 new managers at the Management Board and the Supervisory Board of BRE Bank

On 27-th of January 2005 BRE Bank’s Supervisory Board has appointed Mr Jerzy Jozkowiak new BRE Bank’s Board Member, responsible for retail and Private Banking. The same day BRE Bank’s Extraordinary Shareholders Meeting decided to extend Supervisory Board’s composition fr...

27 January 2005

Factors behind BRE Bank’s financial performance in 2004

On 23 December 2004, BRE Bank has disclosed to the public the current report on “Factors behind BRE Bank’s financial performance in 2004”. BRE Bank has decided to publish the information contained in that release with the intention to maintain far reaching transparency o...

23 January 2005

BRE Bank Financial Results After Q3 2004

The net profit of the BRE Bank Group was PLN 107.5 million at 30 September 2004. The total assets of the Group grew PLN 2.9 billion year on year. The solvency ratio of BRE Bank increased considerably to 12.94%. In Q3 2004, mBank reported gross profit and MultiBank genera...

2 November 2004

Financial Results of BRE Bank after Q2 2004

In Q2 2004 BRE Bank continued with dynamic growth and fast improvement of key financial indicators. Its H1 2004 net profit grew to nearly PLN 71 million, the Bank’s best profit figure in 3 years and a proof of stable upward trends already visible in Q1 2004. The Group’s ...

2 August 2004

Maciej Leśny recommended as a candidate for a Member of the Supervisory Board of BRE Bank

On 9 April 2004, BRE Bank was notified by Commerzbank AG, its strategic shareholder and partner, that Commerzbank AG will recommend Mr Maciej Leśny as a candidate for a Member of the Supervisory Board of BRE Bank SA in the election at the forthcoming General Meeting of B...

9 April 2004

The financial results of the BRE Bank Group

The 2003 YE results of the BRE Bank Group proved the thesis of not repeating the one-off weak performance of 2002. As expected, BRE Bank closed 2003 at a significant consolidated pre-tax profit close to PLN 59.5 million, a clear improvement after last year’s Group loss o...

16 February 2004

Financial results of BRE Bank after Q3 2003

In 3Q 2003 BRE Bank once again proved that it had learned a lesson after the painful experience of 2002. In 3Q 2003 the Bank generated a profit on the order of PLN 13,4 million, exceeding market expectations and growing the BRE Bank Group’s incremental net profit to PLN ...

7 November 2003

Commerzbank decided to increase the capital involvement in BRE Bank

With September 11, 2003, Commerzbank AG – BRE Bank’s strategic partner, holding 50% of the bank’s share capital and the Shareholders’ Meeting’s voices obtained the Commission for Banking Supervision consent to execute above 66%, not more than 75% of voices in the Shareh...

11 September 2003

The results of BRE Bank in Q2 2003

Q2 2003 was another period of successful measures taken by the BRE Bank Group to put the Bank back on the track of dynamic growth and profitability. Although the Polish economy did not yet display clear-cut signs of growth, the generated financial results were on the ord...

18 August 2003