MBank

mBank SA is a bank based in Warsaw, Poland. At the end of September 2016, it was Poland's fourth largest universal banking group in terms of total assets and loans, and fifth by deposits. It offers retail, corporate and investment banking as well as other financial services such as leasing, factoring, insurance, financing of commercial real property, brokerage operations, wealth management, corporate finance and advisory in the scope of capital markets. It is the successor of BRE Bank, following a rebranding in 2013. mBank is listed on the Warsaw Stock Exchange. It also has a branch in the Czech Republic and a subsidiary in Slovakia, initiated by BRE Bank in 2007.

mBank SA is a bank based in Warsaw, Poland. At the end of September 2016, it was Poland's fourth largest universal banking group in terms of total assets and loans, and fifth by deposits. It offers retail, corporate and investment banking as well as other financial services such as leasing, factoring, insurance, financing of commercial real property, brokerage operations, wealth management, corporate finance and advisory in the scope of capital markets. It is the successor of BRE Bank, following a rebranding in 2013. mBank is listed on the Warsaw Stock Exchange. It also has a branch in the Czech Republic and a subsidiary in Slovakia, initiated by BRE Bank in 2007. ==History== The mBank brand was born in 2000¹ as the direct bank service of BRE Bank, of which Commerzbank acquired majority control in 2003. In 2001 BRE Bank launched its second retail arm, MultiBank. In 2013, MultiBank, BRE Bank and mBank were replaced by the single mBank brand. In 2014, mBank launched Orange Finanse, a mobile retail bank. In 2015, mBank entered into long-term cooperation with AXA Group. In 2016 mBank's subsidiaries Dom Maklerski mBanku and mWealth Management become part of mBank. The bank sold its subsidiary mLocum to Archicom in 2017. In September 2019 mBank's parent company Commerzbank announced they wanted to sell their 69.3 percent stake in the bank. In early 2020, Commerzbank then abandoned their plans, as they were not able to sell under favorable conditions due to the COVID-19 pandemic. Cezary Stypułkowski led mBank until 2024, when he was succeeded by Cezary Kocik. ==Operations== mBank Group is composed of: mLeasing, one of Poland's leading leasing companies mBank Hipoteczny, Poland's largest mortgage bank mFaktoring, an invoice factoring business mCentrum Operacji, a subsidiary providing back office services to other subsidiaries of mBank Group mCorporate Finance, a subsidiary specialising in investment banking services mFinanse (formerly Aspiro), a subsidiary providing financial advisory services mFinance France mElements, a subsidiary specialising in e-commerce and API banking ==See also== List of banks in Poland ==References==

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