In 2018, the Polish economy saw numerous phenomena that contributed to development of the banking sector and stimulated lending.
Drivers | Challenges |
|
|
Results
Thanks to its unique business model and consistently implemented strategy, mBank Group developed dynamically in 2018. Total income exceeded PLN 5 billion, while recurring income reached an all-time high. Net profit of mBank Group hit record and stood at PLN 1,316.5 million.
Net interest margin
Growth of NIM by 10 bps to 2.6% thanks to the change in asset mix
ROE net
High asset quality
Gross loans
Increase by 10.0%, excluding FX effect
Non-mortgage loans
Record-high sales (PLN 8.9 billion, up 25%)
Mortgage loans
In 2018 we strengthened our position as a mobile and transactional bank. We recorded the largest share of mobile application users in the client base on the market.