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mBank estimates CHF mortgage risk at PLN 1.37 bln in Q1

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mBank estimates CHF mortgage risk at PLN 1.37 bln in Q1
Source: Pexels

mBank incurred additional legal risk costs of PLN 260.3 million related to its foreign currency-indexed loans, resulting in total costs of PLN 1.37 billion in the first quarter of 2024. These costs are due to changes in model parameters and account balance updates as of March 31, 2024.

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