Current Report 

Drafted on:

29.06.2018

Current report No

29/2018

Abbreviated issuer’s name

mBank

Contents: 

With reference to the current report No. 27/2018 of 15 June 2018, the Management Board of mBank S.A. ("Bank") informs that on 28 June 2018 the Bank received a decision of the Financial Stability Committee ("FSC") issued at the request of the Polish Financial Supervision Authority ("PFSA") within the framework of the administrative proceedings conducted by the PFSA regarding the review of the adequacy of the other systemically important institution (O-SII) buffer imposed on the Bank. In the aforementioned decision, the FSC expressed a positive opinion on the imposition on the Bank the O-SII buffer, determined pursuant to the Art. 38 of the Macroprudential Supervision over the Financial System and Crisis Management equivalent to 0.50% of the total risk exposure amount calculated in accordance with Art. 92 par. 3 of the Regulation of the European Parliament and of the Council (EU) No. 575/2013 of 26 June 2013 on prudential requirements for credit institutions and investment firms, amending Regulation (EU) No. 648/2012 (Regulation No. 575/2013). Currently, the level of the O-SII buffer imposed on the Bank is equivalent to 0.75% of the total risk exposure amount calculated in accordance with Art. 92 par. 3 of the Regulation No. 575/2013. The Bank will inform in a separate report about the decision issued by the PFSA in the above-mentioned proceedings.

Director of the Compliance Department

Agata Rowińska 29.06.2018