Commerzbank to book further provision for mBank after court ruling
FRANKFURT (Reuters) – Germany’s Commerzbank said on Friday that it would book another provision of 342 million euros ($372.27 million) following a court ruling on …
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Moody’s downgrades Poland’s mBank, confirms Bank Millennium
WARSAW (Reuters) – Moody’s has downgraded the long-term deposit ratings of mBank and changed the outlook to negative from “under review” citing risks stemming from …
Commerzbank to take 490 million euro Q3 hit due to mBank unit
FRANKFURT (Reuters) -Germany’s Commerzbank said on Tuesday it would take a 490 million euro ($471 million) hit to its third-quarter operating profit after its Polish …
Polish govt not expected to force banks to raise rates on deposits, mBank says
WARSAW – Interest rates on deposits held in Polish banks will grow due to competition, mBank CEO Cezary Stypulkowski said on Wednesday, adding he did …