Investor Presentaiton
mBank Hipoteczny assets origination
-
commercial real estate
Origination
Origination model assumes of mBank
Hipoteczny participate in syndicate
model commercial real estate loans
organised by mBank or by purchasing
loan assets from mBank - commercial
pooling model.
Cover pool eligibility
mBank Hipoteczny acquires via
commercial pooling and syndicate model
loans for refinancing existing, completed
CRE properties. Those loans are
transferred directly to cover pool.
Risk Management
credit
All decisions on the bank's
exposure will be made by mBH, based on
its independent credit risk analysis.
mBH will no longer grant loans to
developers, which will reduce risk profile
by removal of construction phase risk.
Financed projects by type
44.4%
29.6%
11.8%
Total 2.16 bn PLN
5.7%
4.5%
1.8%
1.3%
0.9%
Shopping Offices Commercial Hotel
centre
premises
Mixed use Warehouse Other Housing
development
Covered Bonds Investor Presentation
Characteristics of funded projects
Duration of the loan for commercial real estate is up to 21 years
Commercial loans denominated in EUR and PLN
25% of the total investment cost is the minimum own funds of the
borrower
Security features required by the Bank includes:
•
.
•
mortgage entered in the first place in the Land and Mortgage
Register maintained for the financed real property
special purpose vehicle's a specially created structure dedicated to
the specific project - scope of its operation is limited to activities
related to its ownership and management
assignment of rights from insurance against fire and other perils
for real estate which is the subject of credit or the registered
pledge on those rights
Source: Management Board Report mBank Hipoteczny 2022 H1
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