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mBank SA (MBK.WA)

MBK.WA on Warsaw Stock Exchange

376.80PLN
8:30pm IST
Change (% chg)

12.60zł (+3.46%)
Prev Close
364.20zł
Open
367.00zł
Day's High
379.00zł
Day's Low
365.60zł
Volume
27,003
Avg. Vol
25,818
52-wk High
472.00zł
52-wk Low
300.80zł

Latest Key Developments (Source: Significant Developments)

Commerzbank CEO Says Strategy Is A Standalone Strategy But Can't See Into The Future
Friday, 27 Sep 2019 

Sept 27 (Reuters) - Commerzbank ::CFO SAYS COSTS FOR COMDIRECT STAKE NOT INCLUDED IN RESTRUCTURING COSTS.SPOKESMAN SAYS HEADCOUNT WILL BECOME 29,300.CFO SAYS HE DOESN'T SEE A REASON WHY WE WOULDN'T POST NET PROFIT THIS YEAR.CFO SAYS HE DOESN'T HAVE IMPRESSION THAT THERE IS LACK OF INTEREST IN MBANK STAKE.CEO SAYS HE EXPECTS THERE WILL BE BANK CONSOLIDATION IN GERMANY AND EUROPE.CEO SAYS STRATEGY IS A STANDALONE STRATEGY BUT CAN'T SEE INTO THE FUTURE.  Full Article

KRUK Extends A Revolving Credit Line To Up To EUR 260 Mln
Thursday, 5 Sep 2019 

Sept 6 (Reuters) - KRUK SA ::SAID ON THURSDAY TOGETHER WITH ITS SUBSIDIARIES HAVE INCREASED THEIR REVOLVING CREDIT LINE UP TO 260 MILLION EUROS AND EXTENDED ITS AVAILABILITY FOR THE NEXT 12 MONTHS.THE ANNEX HAS BEEN SIGNED WITH A CONSORTIUM OF BANKS CONSISTING OF DNB BANK ASA, ING BANK SLASKI, SANTANDER BANK POLSKA AND MBANK.  Full Article

Radpol Receives 10.0 Mln Zloty Pre-Approved Revolving Loan From mBank
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - Radpol Sa ::SAYS RECEIVES PRE-APPROVED REVOLVING LOAN FOR 10.0 MILLION ZLOTYS FROM MBANK.  Full Article

Elektrobudowa Says PKO BP Joins Financing Agreement As Creditor
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Elektrobudowa Sa ::SAYS SIGNS CONSOLIDATION AGREEMENT WITH BANKS TO THE FINANCE AGREEMENT FROM MAY 28.SAYS UNDER AGREEMENT POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI JOINS AS CREDITOR.  Full Article

mBank Q2 Net Profit At 331.6 Million Zlotys
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - mBank SA ::Q2 NET PROFIT 331.6 MILLION ZLOTYS VERSUS 329 MILLION ZLOTYS SEEN IN REUTERS POLL.Q2 NET INTEREST INCOME 997.8 MILLION ZLOTYS VERSUS 971 MILLION ZLOTYS SEEN IN REUTERS POLL.Q2 NET FEE AND COMMISSION INCOME 225.8 MILLION ZLOTYS VERSUS 226 MILLION ZLOTYS SEEN IN REUTERS POLL.  Full Article

Onico Receives Termination Of Framework Agreement From Mbank
Wednesday, 31 Jul 2019 

August 1 (Reuters) - Onico SA ::SAID ON WEDNESDAY THAT IT HAS RECEIVED FROM MBANK TERMINATION OF FRAMEWORK AGREEMENT, INCLUDING LOAN AGREEMENT ON CURRENT ACCOUNT WITH 7-DAY NOTICE PERIOD .SAID MBANK REQUESTED THE COMPANY TO RETURN 3.1 MILLION ZLOTYS WITHIN THE NOTICE PERIOD.  Full Article

Libet And Units Sign Agreement On Terms Of Debt Restructuring With Banks
Monday, 1 Jul 2019 

July 1 (Reuters) - Libet Sa ::SAYS CO AND ITS UNITS LIBET 2000, BAUMABRICK SIGN WITH ALL BANKS FINANCING CO'S AND ITS UNITS BUSINESS ACTIVITY AGREEMENT ON TERMS OF DEBT RESTRUCTURING.UNDER AGREEMENT CO AND UNITS WILL NOT HAVE TO PAY BACK TO THE BANKS 66.7 MILLION ZLOTYS IN TOTAL.HOWEVER UNDER AGREEMENT COS WILL BE ENTITLED TO MAKING PAYMENTS TO THE BANKS ON VOLUNTARY PRINCIPLE.UNDER AGREEMENT (WHICH IS TO LAST TILL JUNE 30, 2020) BANKS ARE TO MAINTAIN CREDIT AGREEMENTS AND REFRAIN FROM ANY ENFORCEMENT PROCEEDINGS.UNDER AGREEMENT BANKS ARE ALSO NOT TO RAISE MARGINS, FEES OR COMMISSIONS RELATED TO SERVICES PROVIDED TO COS.  Full Article

PA Nova Signs Revolving Loan Agreement With MBank For 8.5 Mln Zlotys
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Pa Nova Sa ::SAYS SIGNS REVOLVING LOAN AGREEMENT WITH MBANK FOR 8.5 MILLION ZLOTYS.SAYS LOAN TO BE USED FOR CO-FINANCING CO'S CONTRACT WITH KAUFLAND POLSKA MARKETY.  Full Article

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

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Commerzbank sounds out potential mBank buyers as lenders hire advisors: sources

WARSAW/FRANKFURT (Germany) Commerzbank is sounding out potential buyers of its stake in Polish lender mBank ahead of a formal sale process which is expected to launch in coming months, people familiar with the matter said.