mBank EN - newsroom

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

New dividing of responsibility in BRE Bank Group

BRE Bank informs that BRE Corporate Finance has assumed from BRE Bank Securities the responsibility for Equity Primary Markets with immediate effect.The integration of Corporate Finance Advisory and Equity will further improve the quality of services we provide to client...

27 May 2003

The results of BRE Bank in Q1 2003

The results of BRE Bank in Q1 2003 are best proof that the measures adopted in mid-2002 in order to put BRE Bank back on the profitability track were most adequate. In Q1 2003, the BRE Bank Group generated a net profit of PLN 33,841 thousand. Its total assets grew to PLN...

5 May 2003

Financial result of BRE Bank after Q4 2002

According to earlier publications, due to a number of unfavourable macroeconomic factors and the resulting internal business decisions of the Bank, despite measures taken by the Management Board to optimise the financial results, the negative financial result of BRE Bank...

28 February 2003

Summary of BRE Bank Earnings for Q3 2002

In Q3’2002, BRE Bank has generated a net profit of PLN 30.2 milion and thereby reduces the loss after Q’3 to PLN 70.1 mln net. Over the period net profit for the BRE Bank Group stands at positive PLN 27.6 milion i.e. reducing the Group’s net loss after 3 quarters to ...

12 November 2002

BRE Bank Group and Bank's financial results after Q1-2 2002

After Q1-2 2002, BRE Bank Group's financial results showed a net loss of PLN 92,895 thousand. The Group's balance sheet total was PLN 27,114,550 thousand. BRE Bank's net profit showed a net loss of PLN 97,411 thousand and its balance sheet was PLN 24,692,231 thousand.

7 August 2002

BRE Bank is Ready to Offer Credits within a Framework of SAPARD programme

BRE Bank notify to Agency for Restructuring and Modernisation of Agriculture its readiness to offer bridging loan for investing within a framework of SAPARD programme.BRE Bank will make funds available for two types of activity:improvement of processing and marketing of ...

6 August 2002

Actions taken in order to increase the efficiency and improve the competitiveness of the BRE Bank

In connection with the difficult macro- and micro-economic situation and with the current trends on the capital markets, the Management Board of the BRE Bank SA has undertaken radical measures leading to permanent reduction of operating costs and to increasing the revenu...

30 July 2002