Investor Presentaiton
mBank Hipoteczny overview and role in Group strategy
mBank Hipoteczny is a specialised credit institution (mortgage bank) authorised to issue covered bonds under Polish law.
m
Corporate
structure
Bank
Hipoteczny
mBank
COMMERZBANK
Immediate Parent
100%
Ultimate Parent
69.21%
mBank Hipoteczny has been issuing covered bonds since 2000, when it was the first bank to introduce mortgage covered bonds to
the post-war Polish capital market, restoring their importance and place after 50 years of absence. Outstanding publicly traded
covered bonds issued by the Bank as of 2022 H1 are PLN 6.06 bn, represent 33.1% market share in the covered bond market in Poland.
mBH strategic objectives for 2019-2022 are the following:
1
Covered Bonds
2
Scale of assets
3
Cost efficiency
Providing long term funding for mBank
Group by issue Covered Bonds to:
diversify of the funding sources
improve long-term liquidity in the
Group adaption to the NSFR
requirements
Development of retail mortgages portfolio
and CRE loans in close cooperation with
mBank, i.e. assuming that origination will
be executed by mBank's sales forces both:
■ in the retail (since Q2 2017) and
■ commercial real estate (since 2019) area.
The Bank's strategy assumes that the
foundation of its operations will be to
obtain long-term in the most cost-
effective business model possible.
■ The Bank is leveraging synergies related
to IT systems and processes within the
Group
Covered Bonds Investor Presentation
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