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mBank SA (MBK.WA)

MBK.WA on Warsaw Stock Exchange

433.80PLN
1:09pm GMT
Change (% chg)

-2.60zł (-0.60%)
Prev Close
436.40zł
Open
440.00zł
Day's High
440.00zł
Day's Low
431.20zł
Volume
6,883
Avg. Vol
19,417
52-wk High
538.00zł
52-wk Low
371.20zł

Latest Key Developments (Source: Significant Developments)

Poland's KNF Raises Additional Capital Requirement For mBank To 3.64 P.P.
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Mbank ::THE POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) RECOMMENDS BANK TO MAINTAIN OWN FUNDS TO COVER ADDITIONAL CAPITAL REQUIREMENT AT 3.64 P.P. for TOTAL CAPITAL RATIO (TCR).PRIOR TO THE NEW RECOMMENDATION, THE ADDITIONAL CAPITAL REQUIREMENT WAS RECOMMENDED AT THE LEVEL OF 3.53 P.P..SAYS BANK MEETS KNF'S REQUIREMENTS REGARDING MINIMAL CAPITAL RATIOS ON BOTH STANDALONE AND CONSOLIDATED LEVELS.  Full Article

mBank: KNF Agrees To Include Subordinated Bonds To Bank's Tier II Capital
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - mBank SA ::SAYS POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) AGREES TO INCLUDE 750 MILLION ZLOTYS SUBORDINATED BONDS TO BANK'S TIER II CAPITAL.  Full Article

Poland's mBank policy is to spend half of annual profit on dividend - CFO
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - mBank SA ::POLAND'S MBANK CHIEF FINANCIAL OFFICER ANDREAS BOEGER SAID ON TUESDAY THAT GENERALLY THE LENDER WANTS TO SPEND 50 PERCENT OF PROFIT ON DIVIDEND."THE MANAGEMENT'S GENERAL STANCE IS TO PAY OUT 50 PERCENT," BOEGER TOLD A PRESS CONFERENCE.HE ALSO SUGGESTED THAT THE 2018 DIVIDEND MAY BE CLOSER TO 20 PCT OF PROFIT RATHER THAN 50 PCT.THE CFO SAID HOWEVER THAT IT IS TOO EARLY TO SAY WHAT DIVIDEND FOR 2018 WILL BE .  Full Article

Wirtualna Polska Gets Additional 100 Mln Zloty Funding For Investments, Acquisitions
Monday, 29 Oct 2018 

Oct 30 (Reuters) - WIRTUALNA POLSKA HOLDING SA ::SAID ON MONDAY IT HAS SIGNED AN AGREEMENT CHANGING PREVIOUS LOAN AGREEMENTS FROM DEC. 2017 TO OBTAIN ADDITIONAL FINANCING FOR INVESTMENTS AND ACQUISITIONS.UNDER THE AGREEMENT CHANGING PREVIOUS LOANS TERMS, THE CAPEX TRANCHE HAS BEEN INCREASED BY 100 MLN ZLOTYS.LOAN AGREEMENTS ARE SIGNED WITH MBANK SA <<>>, PKO BP <<>> AND ING BANK SA <<>>.  Full Article

District Court In Lodz Dismisses Class Action Against mBank
Friday, 19 Oct 2018 

Oct 19 (Reuters) - MBANK SA ::DISTRICT COURT IN LODZ HAS DISMISSED A CLASS ACTION LAWSUIT OF OVER 1,700 SWISS FRANC-DENOMINATED LOAN BORROWERS AGAINST THE BANK, MBANK'S SPOKESMAN SAID IN AN EMAILED STATEMENT ON FRIDAY.MBANK SAYS COURT HAS ACKNOWLEDGED THE BANKS ARGUMENTS AND CONFIRMED THE VALIDITY OF THE LOANS."SUCH AN INTERPRETATION HAS ALSO BEEN CONFIRMED IN THE SUPREME COURT'S JUDGMENT, WHICH WE REFERRED TO IN THE COURSE OF THIS TRIAL, AND IN NUMEROUS RULINGS OF COMMON COURTS, INCLUDING LODZ COURT OF APPEAL", MBANK SAID.  Full Article

mBank Issues 750 Million Zlotys Of Unsecured Subordinated Bonds
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - MBANK SA ::SAYS ISSUES TWO SERIES OF UNSECURED SUBORDINATED BONDS WITH TOTAL VALUE OF 750 MILLION ZLOTYS THROUGH PRIVATE ISSUE.SAYS FIRST SERIES IS FOR 10 YEARS AND HAS TOTAL NOMINAL VALUE OF 550 MLN ZLOTYS.SAYS SECOND SERIES IS FOR 12 YEARS AND HAS TOTAL NOMINAL VALUE OF 200 MLN ZLOTYS.SAYS INTENDS TO APPLY TO THE POLISH FINANCIAL SUPERVISORY AUTHORITY TO QUALIFY BONDS FOR THE TIER 2 CAPITAL OF THE BANK.  Full Article

mBank: Max. Remuneration From Asset Sale Transactions At 435 Mln Zlotys
Friday, 5 Oct 2018 

Oct 5 (Reuters) - MBANK ::ESTIMATES MAX. REMUNERATION FROM SALE TRANSACTIONS CONCERNING MFINANSE, LATONA AT ABOUT 435 MILLION ZLOTYS.AS RESULT OF TRANSACTIONS, CO MIGHT RECOGNISE ADDITIONAL GROSS PROFIT OF UP TO 161 MILLION ZLOTYS OVER 6 YRS AS OF END-H1 2018.AS RESULT OF TRANSACTIONS, IN H1 CO RECOGNISED GROSS PROFIT IN AMOUNT OF 238.8 MLN ZLOTYS.IN MARCH THE BANK SAID THAT TOTAL PROCEEDS FROM THE SALE WOULD AMOUNT UP TO 491 MILLION ZLOTYS nL8N1R95HD.  Full Article

mBank Allocates EUR 500 Mln Bonds
Wednesday, 29 Aug 2018 

Aug 30 (Reuters) - mBank SA ::SAID ON WEDNESDAY IT ALLOCATED 500,000 UNSECURED BONDS OF TOTAL VALUE OF EUR 500 MILLION WITHIN EMTN PROGRAM.CO INTENDS TO INTRODUCE THE BONDS TO TRADING ON REGULATED MARKET IN LUXEMBOURG.  Full Article

Poland's KNF Lowers mBank's Buffer Of OSII To 0.5%
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Mbank ::THE POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) LOWERS BANK'S BUFFER OF OTHER SYSTEMICALLY IMPORTANT INSTITUTION TO 0.5% OF TOTAL RISK EXPOSURE AMOUNT.THE PREVIOUS VALUE OF THE BUFFER IMPOSED ON THE BANK WAS EQUIVALENT TO 0.75 PERCENT OF THE TOTAL RISK EXPOSURE AMOUNT.  Full Article

BRIEF-Luma Holding Announces Tender For Protektor Shares At 4.2 Zloty/Shr

* MALTA-BASED LUMA HOLDING LIMITED ANNOUNCES A TENDER OFFER FOR 6,296,150 SHARES OF PROTEKTOR WHICH REPRESENT 33.1 PERCENT OF THE COMPANY'S SHARE CAPITAL