mBank

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  mBank SA
logo
Country PolandPoland Poland
Seat Warsaw
legal form Spółka Akcyjna
ISIN PLBRE0000012
BIC BREXPLPWXXX
founding June 1986
Website www.mbank.pl
Business data 2019
Total assets 158.7 billion zlotys (36.1 billion euros )
insoles 116.7 billion zlotys (26.6 billion euros )
Customer credit 103.2 billion zlotys (23.5 billion euros )
Employee 6,771
Offices 436
management
Board Cezary Stypułkowski (Chairman)
Supervisory board Maciej Leśny (Chairman)

The mBank SA (until November 2013 BRE Bank ) is the fourth largest Polish universal bank . The company's headquarters are in Warsaw . It was founded in 1986 as the state bank Rozwoju Eksportu to finance the Polish export economy and was the first privatized Polish bank ( IPO in 1992).

The bank reaches around 5.6 million private and 26,500 business customers in Poland, the Czech Republic and Slovakia .

The company's share is traded on the Warsaw Stock Exchange and is included in its leading indices WIG 20 and WIG30 .

background

Until the company's name change in November 2013, mBank had been a brand for an online bank of BRE Bank since 2000. It had no branches, only financial centers and mKIOSKe , where all banking business could be done. You could deposit and withdraw cash at ATMs, and you could also deposit in some shops. The bank customers managed their accounts through internet service, telephone and SMS.

Shareholder structure

The share capital of the company amounts to 169,401,468 zloty and is divided into 42,338,367 bearer shares and 12,000 registered shares of nominal value of 4.00 zloty.

Shareholder structure as of December 31, 2019
shareholder Number of shares held Share in the share capital Share of voting rights
Commerzbank AG 29,352,897 69.31% 69.3%
Free float 12,985,470 54.49% 30.7%

Commerzbank announced in September 2019 that it wanted to part with its stake in mBank. The sale of the participation did not take place, however, and the bank finally withdrew from its sales plans on the grounds that "in the current environment characterized by the corona crisis, a transaction on attractive terms would not [appear]".

Web links

Individual evidence

  1. ↑ Entry in the BIC directory at SWIFT
  2. ↑ a b c d Skonsolidowane Sprawozdanie Finansowe Grupy mBanku SA według Międzynarodowych Standardów Sprawozdawczości Finansowej za 2019 rok. (ZIP / PDF; 7.5 MB) February 26, 2020, accessed on March 20, 2020 (Polish).
  3. ↑ a b c d e f g Sprawozdanie Zarządu z działalności Grupy mBanku SA w 2019 roku. (ZIP / PDF; 7.5 MB) February 26, 2020, accessed on March 20, 2020 (Polish).
  4. ↑ https://www.mbank.pl/pdf/relacje-inwestorskie/raport-roczny/2019/raport-skonsolidowany-2019.zip
  5. ^ A b Marcin Goclowski: Poland's mBank rises on speculation about Commerzbank sale plans. September 24, 2019, accessed March 20, 2020 (Polish).
  6. ↑ Andreas Kröner, Handelsblatt: Pandemic consequences: Commerzbank cancels sale of Polish subsidiary M-Bank. Retrieved July 26, 2020 .