Wednesday, April 29, 2015

MBank shareholders decided not to pay dividends – Onet.pl

“resulting in 2014 net profit mBank in the amount of 1 174 096 218,00 zł will be allocated as follows:

1. in the amount of 50 000 000.00 zł – general risk fund mBank;

2. in the amount of 406,523,549.00 zł – for supplementary capital mBank;

The remaining part of the profit in the amount of 717 572 669,00 zł left undivided “- said in a press release.

From the profit for 2013 years the bank has allocated for dividend zł 716.98 million, ie. 17 zł per share.

mBank (formerly BRE Bank) is a leading commercial banks in Poland. MBank’s strategic shareholder is the German Commerzbank. The Bank is listed on the Warsaw Stock Exchange in 1992. Total assets of the bank amounted to 117.98 billion zł at the end of 2014.

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