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mBank SA (MBK.WA)

MBK.WA on Warsaw Stock Exchange

382.80PLN
8 Nov 2019
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382.80zł
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472.00zł
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300.80zł

Latest Key Developments (Source: Significant Developments)

KNF Requests mBank To Maintain Additional Capital Requirement Regarding FX Loans
Friday, 8 Nov 2019 

Nov 8 (Reuters) - mBank SA ::THE POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) RECOMMENDS MBANK ON A STAND-ALONE LEVEL TO MAINTAIN OWN FUNDS TO COVER ADDITIONAL CAPITAL REQUIREMENT IN RELATION TO THE RISK RESULTING FROM FX LOANS AT 3.62 P.P. OVER THE AMOUNT OF TOTAL CAPITAL RATIO (TCR).BANK MEETS KNF'S REQUIREMENTS ON BOTH STANDALONE AND CONSOLIDATED LEVELS.  Full Article

Archicom Unit Signs Agreements With BDH Development And mBank
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - Archicom Sa ::CO UNIT SIGNS DEAL WITH BDH DEVELOPMENT.CO UNIT TO BE GENERAL CONTRACTOR AT CONSTRUCTION SITE IN STEGNA.SAYS NET REMUNERATION UNDER DEAL IS AT LEVEL OF 3.5% OF TOTAL CONSTRUCTION WORK COSTS OF GENERAL CONTRACTOR.CO UNIT SIGNS PRELIM AGREEMENT WITH MBANK.UNDER SAID PRELIM AGREEMENT MBANK SELLS BDH DEVELOPMENT STAKE TO CO UNIT.  Full Article

Polenergia's Unit Secures Loan For Up To 107 Mln Zlotys For Wind Farm Construction
Wednesday, 6 Nov 2019 

Nov 6 (Reuters) - Polenergia SA ::SAID ON TUESDAY ITS UNIT POLENERGIA FARMA WIATROWA SZYMANKOWO HAS SIGNED AN INVESTMENT LOAN AGREEMENT FOR UP TO 107 MILLION ZLOTYS FOR WIND FARM CONSTRUCTION.COMPANY'S UNIT HAS ALSO SIGNED A VAT LOAN AGREEMENT FOR UP TO 20 MILLION ZLOTYS.BOTH SAID LOANS ARE PROVIDED BY EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT, MBANK AND ING BANK SLASKI.COMPANY'S UNIT HAS ALSO SIGNED A DEAL WITH SIEMENS GAMESA RENEWABLE ENERGY SP. Z O.O. AND SIEMENS GAMESA RENEWABLE ENERGY A/S FOR THE DELIVERY, INSTALLATION AND START-UP OF 11 WIND TURBINES.COMPANY'S UNIT HAS ALSO SIGNED AN ADDITIONAL AVAILABILITY AND MAINTENANCE AGREEMENT WITH SIEMENS GAMESA RENEWABLE ENERGY SP. Z O.O. FOR SAID TURBINES FOR 25 YEARS FROM START-UP DATE.COMPANY'S UNIT HAS ALSO SIGNED AN AGREEMENT WITH PRZEDSIĘBIORSTWO BUDOWNICTWA DROGOWO-INŻYNIERYJNEGO FOR THE CONSTRUCTION OF THE FARMA WIATROWA SZYMANKOWO 38,115 MW WIND FARM .  Full Article

mBank Q3 Net Profit At 353.9 Mln Zlotys, Above Expectations
Thursday, 31 Oct 2019 

Oct 31 (Reuters) - mBank SA ::9-MONTH NET PROFIT 849.6 MILLION ZLOTYS VERSUS 817 MILLION ZLOTYS SEEN IN REUTERS POLL.Q3 NET PROFIT 353.9 MILLION ZLOTYS VERSUS 343 MILLION ZLOTYS SEEN IN REUTERS POLL.Q3 NET INTEREST INCOME 1.06 BILLION ZLOTYS VERSUS 1.03 BILLION ZLOTYS SEEN IN REUTERS POLL.Q3 NET FEE AND COMMISSION INCOME 248.5 MILLION ZLOTYS VERSUS 236 MILLION ZLOTYS SEEN IN REUTERS POLL.  Full Article

mBank Says Financial Regulator Imposes 0.75% Buffer Of Total Risk Exposure
Wednesday, 16 Oct 2019 

Oct 16 (Reuters) - mBank SA ::SAYS FINANCIAL REGULATOR IMPOSES BUFFER OF ANOTHER INSTITUTIONAL SYSTEMIC IMPORTANCE IN AMOUNT EQUIVALENT TO 0.75% OF TOTAL RISK EXPOSURE.SAYS THE BUFFER TO DATE WAS 0.50% OF TOTAL RISK EXPOSURE.  Full Article

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

Poland's Pekao looking at mBank sale - CEO

WARSAW, Nov 6 Polish state-run bank Pekao focuses on organic growth but is analysing Commerzbank's planned sale of its Polish unit mBank , Pekao Chief Executive Michal Krupinski said on Wednesday.