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mBank SA (MBK.WA)

MBK.WA on Warsaw Stock Exchange

397.60PLN
12:53pm BST
Change (% chg)

-1.40zł (-0.35%)
Prev Close
399.00zł
Open
399.20zł
Day's High
405.00zł
Day's Low
395.00zł
Volume
4,779
Avg. Vol
20,376
52-wk High
538.00zł
52-wk Low
375.00zł

Latest Key Developments (Source: Significant Developments)

District Court In Lodz Dismisses Class Action Against mBank
11:53am BST 

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

mBank Q2 Net Profit At 287.4 Mln Zlotys, Close To Expectations
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Mbank ::Q2 NET PROFIT 287.4 MILLION ZLOTYS VERSUS 293 MILLION ZLOTYS SEEN IN REUTERS POLL.Q2 NET INTEREST INCOME 854.4 MILLION ZLOTYS VERSUS 845 MILLION ZLOTYS SEEN IN REUTERS POLL.Q2 NET FEE AND COMMISSION INCOME 249 MILLION ZLOTYS VERSUS 245 MILLION ZLOTYS SEEN IN REUTERS POLL.  Full Article

Orange Polska ends deal with mBank, to offer banking services alone
Monday, 18 Jun 2018 

June 18 (Reuters) - Orange Polska SA ::Orange Polska, the Polish unit of France's Orange <<>>, will end cooperation with smaller lender mBank <<>> over offering banking services under Orange Finance brand as of Dec. 31, Orange Polska and mBank said on Monday .Orange Polska, Poland's largest telecoms operator, said it now intends to develop mobile banking based on its owns assets and strategy.Orange Polska said the management board is currently working on a new business model for the banking services segment.  Full Article

KNF Recommends mBank Additional Capital Requirement
Monday, 18 Dec 2017 

Dec 18 (Reuters) - MBANK SA SA ::THE POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) RECOMMENDS MBANK TO KEEP OWN FUNDS FOR ADDITIONAL CAPITAL REQUIREMENT IN RELATION TO THE RISK RESULTING FROM FX MORTGAGES AT 3.53 P.P. OVER THE AMOUNT OF TOTAL CAPITAL RATIO (TCR) .IT SHOULD BE COVERED AT LEAST IN 75 PERCENT BY TIER 1 CAPITAL.MBANK MEETS THE ABOVE REQUIREMENTS ON BOTH THE STANDALONE AND CONSOLIDATED LEVELS.THE REGULATOR HAS ALSO INFORMED THAT THE INDIVIDUAL ADD-ON FOR MBANK USED IN THE COMMERCIAL BANKS' DIVIDEND POLICY, MEASURING THE BANK'S SENSITIVITY TO AN UNFAVORABLE MACROECONOMIC SCENARIO AMOUNTS TO 0 PERCENT.  Full Article

Prime Car Management considers bonds issue for up to 500 mln zlotys
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - PRIME CAR MANAGEMENT SA ::SAID ON MONDAY THAT IT IS IN TALKS WITH ING BANK SLASKI SA <<>> AND MBANK SA <<>> ON POSSIBILITY OF RAISING EXTERNAL FINANCING VIA MULTI-YEAR BONDS ISSUE PROGRAM OF UP TO 500 MILLION ZLOTYS.THE BONDS ISSUE IS AIMED AT PARTIAL EARLY REPAYMENT OF ITS BANKING DEBT AND FINANCING OF FUTURE LEASING DEALS.  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