Edition:
United Kingdom

mBank SA (MBK.WA)

MBK.WA on Warsaw Stock Exchange

441.40PLN
18 Mar 2019
Change (% chg)

-- (--)
Prev Close
441.40zł
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
21,190
52-wk High
472.00zł
52-wk Low
371.20zł

Latest Key Developments (Source: Significant Developments)

Libet Signs Agreement On Temporary Non-Performance Of Claims
Friday, 1 Mar 2019 

March 3 (Reuters) - Libet SA ::SAID ON FRIDAY THAT ON DEC. 20, 2018 IT SIGNED AGREEMENT WITH ING BANK SLASKI, MBANK, PKO BP BANK, SANTANDER BANK POLSKA AND SGB BANK.UNDER AGREEMENT BANKS HAVE UNDERTAKEN NOT TO TERMINATE FINANCING CONTRACTS, NOT TO CLAIM ANY LIABILITIES OR ANY PAYMENTS RELATED TO THESE LIABILITIES AS WELL AS NOT TO TAKE ANY ACTIONS AIMING DIRECTLY OR INDIRECTLY AT ENFORCING THESE CLAIMS .SIGNING THE AGREEMENT WAS ONE OF ACTIONS WITHIN REVIEW OF STRATEGIC OPTIONS .  Full Article

mBank Recommends No Dividend Payment For 2018
Wednesday, 27 Feb 2019 

Feb 28 (Reuters) - mBank SA ::SAID ON WEDNESDAY THAT ITS MANAGEMENT BOARD HAS RECOMMEND NO DIVIDEND PAYMENT ON 2018 RESULTS.  Full Article

mBank Estimates Contribution To Bank Guarantee Fund In 2019 At About 256 Mln Zlotys
Friday, 22 Feb 2019 

Feb 22 (Reuters) - mBank SA ::SAYS ESTIMATES ITS CONTRIBUTION TO BANK GUARANTEE FUND IN 2019 AT ABOUT 256 MILLION ZLOTYS.  Full Article

Archicom Raises Stake In Archicom Polska To 79.99%
Thursday, 20 Dec 2018 

Dec 21 (Reuters) - ARCHICOM SA ::SAID ON THURSDAY IT HAS SIGNED AN AGREEMENT WITH MBANK S.A. <<>> TO ACQUIRE 28.99% OF ARCHICOM POLSKA SA FOR 31.8 MILLION ZLOTYS.CURRENTLY IT OWNS 79.99% IN ARCHICOM POLSKA SA.  Full Article

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 will pay out 50 percent net profit as a dividend - CEO

WARSAW, Feb 7 Poland's mBank will pay out dividends with 50 percent net profit, depending on the decision of the regulator, the bank's CEO Cezary Stypulkowski at a news conference on Thursday.