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mBank SA (MBK.WA)

MBK.WA on Warsaw Stock Exchange

429.20PLN
24 Jun 2019
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371.20zł

Latest Key Developments (Source: Significant Developments)

Tauron Polska Energia Signs Loan Agreement Replacing Bond Issue Programme
Wednesday, 19 Jun 2019 

June 21 (Reuters) - Tauron Polska Energia SA ::SAID ON WEDNESDAY IT HAS SIGNED 6.07 BILLION ZLOTY LOAN AGREEMENT WITH BANK HANDLOWY W WARSZAWIE, SANTANDER BANK POLSKA, CAIXABANK ODDZIAL W POLSCE, INDUSTRIAL AND COMMERCIAL BANK OF CHINA(EUROPE) ODDZIAL W POLSCE, ING BANK SLASKI, MBANK, MUFG BANK (EUROPE), MUFG BANK (EUROPE) ODDZIAL W POLSCE AND POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI .THE LOAN AGREEMENT REPLACES THE BOND ISSUE PROGRAMME FOR UP TO 6.27 BILLION ZLOTYS CONCLUDED WITH THE ABOVE BANKS AND WITH BNP PARIBAS BANK POLSKA ON NOVEMBER 24, 2015 .BNP PARIBAS BANK POLSKA WILL CONTINUE TO FINANCE COMPANY UNDER BOND ISSUE PROGRAMME.KEY FINANCING PARAMETERS SPECIFIED IN THE LOAN AGREEMENT HAVE NOT CHANGED WITH RESPECT TO THE BOND ISSUE PROGRAMME.UNDER LOAN AGREEMENT COMPANY HAS RECEIVED FINANCING OF 6.07 BILLION ZLOTYS TILL DECEMBER 31, 2021 AND 5.82 BILLION ZLOTYS TILL DECEMBER 31, 2022.FUNDS OBTAINED UNDER LOAN WILL BE USED TO REDEEM BONDS UNDER BOND ISSUE PROGRAMME AS WELL AS TO IMPLEMENT UPDATED STRATEGY FOR 2016 - 2025, WHICH ASSUMES INCREASING RENEWABLE SOURCES IN THE GROUP'S GENERATING ASSETS.  Full Article

Intersport Polska Signs 5.0 Mln Zloty Investment Loan Agreement With MBank
Wednesday, 19 Jun 2019 

June 19 (Reuters) - Intersport Polska Sa ::SAYS SIGNS INVESTMENT LOAN WITH MBANK FOR 5.0 MILLION ZLOTYS.  Full Article

R22 Unit, H88 Hosting Signs Loan Agreement With MBank For Up To EUR 7.0 Mln
Friday, 14 Jun 2019 

June 14 (Reuters) - R22 Sa ::SAYS ITS UNIT H88 HOSTING SIGNS EUR 7.0 MILLION LOAN AGREEMENT WITH MBANK.  Full Article

mBank Q1 Net Profit At 164 Mln Zlotys, Above Estimates
Tuesday, 30 Apr 2019 

April 30 (Reuters) - mBank SA ::Q1 NET PROFIT 164.0 MILLION ZLOTYS VERSUS 160 MILLION ZLOTYS SEEN IN REUTERS POLL.Q1 NET INTEREST INCOME 930.3 MILLION ZLOTYS VERSUS 923 MILLION ZLOTYS SEEN IN REUTERS POLL.Q1 NET FEE AND COMMISSION INCOME 228.8 MILLION ZLOTYS VERSUS 232 MILLION ZLOTYS SEEN IN REUTERS POLL.  Full Article

Poland's KNF Recommends That mBank Retains Entire Profit For 2018
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - mBank SA ::SAYS POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) HAS RECOMMENDED THAT THE BANK RETAINS ENTIRE 2018 PROFIT.SAYS POLISH FINANCIAL SUPERVISION AUTHORITY CONFIRMS THAT BANK MET REQUIREMENTS FOR DIVIDEND PAYMENT OF 75% OF NET PROFIT FOR 2018 IN RESPECT OF BASIC CRITERIA.SAYS AFTER ADDITIONAL CRITERIA ITS DIVIDEND YIELD IS 0%.  Full Article

Trakcja PRKiL Estimates Unconsolidated FY 2018 Loss At 75 Mln Zlotys
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - TRAKCJA PRKIL SA ::SAID ON MONDAY ITS PRELIMINARY UNCONSOLIDATED FY REVENUE IS AT 1.00 BILLION ZLOTYS .PRELIMINARY UNCONSOLIDATED FY NET LOSS OF 75 MILLION ZLOTYS.PRELIMINARY UNCONSOLIDATED FY NEGATIVE EBITDA OF 85 MLN ZLOTYS .COMPANY'S RESULTS INDICATE THE RISK OF NON-COMPLIANCE WITH LOAN COVENANTS FOR LOANS FROM BANK PEKAO SA <<>>, ING BANK SLASKI <<>>, MBANK <<>>, CREDIT AGRICOLE BANK POLSKA AND HAITONG BANK SA .  Full Article

Getback Agrees With Domestic Banks Prelim Terms Of Debt Repayment
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Getback Sa ::SAYS AGREES WITH DOMESTIC BANKS PRELIM TERMS OF DEBT REPAYMENT.AGREES PRELIMINARLY DEBT HAIRCUT OF UP TO 60 MILLION ZLOTYS.SAYS PLANS TO SIGN AGREEMENTS WITH THE BANKS BY END-JAN.DOMESTIC BANKS ARE GETIN NOBLE BANK, IDEA BANK, RAIFFEISEN POLBANK, BGŻ BNP PARIBAS, MBANK, ALIOR BANK.SAYS ITS CURRENT DEBT TO DOMESTIC BANKS AMOUNTS TO ABOUT 450 MILLION ZLOTYS.  Full Article

PTS Plast-Box Signs Loan Agreement To Finance Acquisitions
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - PTS Plast-Box SA ::SAID ON TUESDAY THAT IT HAS SIGNED A LOAN AGREEMENT WITH MBANK SA <<>> IN AN AMOUNT OF UP TO 62.9 MILLION ZLOTYS.AS A RESULT OF SECURED FINANCING, IT PLANS TO SIGN FINAL AGREEMENTS FOR THE ACQUISITION OF STARK PARTNER SP. Z O.O. AND STARK PARTNER NIERUCHOMOSCI SP. Z O.O. ON DEC. 21 nFWN1Y10HE.THE LOAN AGREEMENT INCLUDES THE ACQUISITION CREDIT, REFINANCING LOAN AND MULTI-PRODUCT LINE .  Full Article

mBank says regulator asks it to retain at least 80 pct of 2017 profit
Monday, 19 Mar 2018 

March 19 (Reuters) - mBank SA ::POLISH LENDER MBANK SAYS FINANCIAL REGULAR KNF HAS RECOMMENDED THAT THE BANK RETAIN AT LEAST 80 PERCENT OF ITS 2017 PROFIT.MBANK ALSO SAYS THAT KNF CONFIRMED THAT MBANK FULFILLS CONDITIONS TO PAY OUT UP TO 20 PCT OF 2017 PROFIT IN DIVIDEND.  Full Article

Grupa Kety Units Sign 100 Million Zloty Credit Agreements
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Grupa Kety SA ::SAYS ITS SUBSIDIARIES SIGN 100 MILLION ZLOTY CREDIT AGREEMENTS WITH MBANK <<>>.  Full Article