Investor Presentaiton
mBank Hipoteczny quality of the loan portfolio
mBank Hipoteczny NPL ratio significantly below the market level
2020 H1
6.83%
2.39%
4.90
3.24%
-3.59 pp
-1.92 pp
0.47%
Polish Banks
mBank Group
mBank Hipoteczny
Total NPL Ratio (non-fin)
Mortgage NPL Ratio
Characteristics of the portfolio eligible for pooling
。 Financing the purchase of real estate,
。 LtV (loan to mortgage lending value) at the transfer date does
not exceed 100%,
。 First rank joint contractual ordinary mortgage on all property
pledged as collateral,
。 Property located in Poland,
。 The remaining term of the loan over 3 years,
。 Suitable internal rating,
PLN denominated loans,
o No delays and defaults.
mBank Hipoteczny NPL by business lines (%)
mBank Hipoteczny Cost of Risk LLP by business lines (bps)
Total NPL
3.72%
2.99%
3.59%
3.45%
3.24%
Ratio
(non-fin)
Total Cost
of Risk
26
20
19
19
32
LLP
90
8,65%
8,18%
7,62%
7,18%
6,23%
CRE
ML
49
50
42
38
CRE
ML
0,08%
0,15%
0,31%
0,39%
0,47%
2016
2017
2018
2019
2020 H1
Source: Management Board Report mBank Hipoteczny
m
st
4
2
4
3
1
2016
2017
2018
2019
2020 H1
mBank
Hipoteczny
Covered
bonds
Cover Pool
Polish
Economy
Real Estate
Market
18
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