Locked content AXA to buy BRE Ubezpieczenia – paper

French insurance giant AXA is close to acquiring BRE Ubezpieczenia, the insurance unit of lender mBank, according to sources quoted by Puls Biznesu. The acquisition also involves bancassurance cooperation with the seller. “AXA won the auction for BRE Ubezpieczenia. It is offering PLN 500 million for...

Locked content mBank profit grows in Q2

Commerzbank-owned lender mBank recorded a net profit of PLN 324.8 million in the second quarter of 2014 compared to PLN 278 million a year earlier, the bank said in its financial statement. The result was slightly lower than market consensus compiled by the Polish Press Agency, which amounted to PLN...