mBank EN - newsroom

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...

2 August 2023

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 ...

23 June 2023

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...

28 April 2023

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.

6 March 2023

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...

9 February 2023

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.

18 January 2023

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 ...

8 November 2022

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.

7 November 2022

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.

13 October 2022

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.

27 September 2022