Profil:
mBank SAmBank lender expects 2025 to be last year of significant CHF loan costs impact
mBank, the Warsaw-listed unit of Germany's Commerzbank, expects the cost of legal risk associated with foreign currency loans to be significantly charged to results for the last time in 2025, the bank said in a presentation.
mBank expects total revenues to exceed PLN 11 billion (EUR 2.6 bln) in 2025, but to be slightly below the level achieved in 2024.
The bank expects both corporate loans and the retail portfolio to grow above the market.
The capital base is expected to grow further, driven by the planned issuance of Tier 2 instruments and strong profitability.
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