Investor Presentaiton
mBank Hipoteczny - specialised credit institution
Brief history
1986
1999
Founding of Bank Rozwoju Eksportu (Export Development
Bank) as a joint-stock company
RHEINHYP-BRE Bank Hipoteczny SA setup (later mBank
Hipoteczny) as a joint venture of BRE Bank S.A. and
RHEINHYP Rheinische Hypothekenbank AG.
Increasing share of EUR Polish Covered Bond issuess
(all Polish issuers)
70
60
50
40
2000
First issue of mortgate covered bond in Poland (after 1945)
30
2003
First listed covered bond in Poland
20
First issue of public covered bonds
2007
2014
59.5%
15Ycovered bonds longest maturity in Polish market
history. Introduction of pooling model
First fixed-rate covered bonds in PLN in Polish market
history
10
0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Outstanding Polish mortgage covered bonds currency (PLN mn)
18.32
2016
1 bn PLN biggest covered bonds issue in Polish market
history
2017
300 mn EUR inaugural issue of covered bonds under
International Programme
EUR
11.03
9.88
2018
2020
Adjustment of processes and offer during the COVID-19
pandemic. Systematic increase of Renewable Energy
Sources funding
6.06
7.39
3.40
PLN
7.30
1.98
Introduction of loans with a fixed interest rate for
individual clients
2.66
0.23
0.40
2.49
1.75
0.40
2021
Total market
MBH
PKO BH
Pekao BH
ING BH
Covered Bonds Investor Presentation
Data based on NBP fx rate as of 30.06.2022
Data source: Financial statements of ING Bank Hipoteczny, mBank Hipoteczny, Pekao Bank Hipoteczny, PKO Bank Hipoteczny 2022 H1
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