mBank sets aside PLN 1 bln on M&A

WSE-listed lender mBank, has allocated PLN 1 billion for potential acquisition, its CEO Cezary Stypułkowski said. He did not want to comment, however, whether his bank is interested in buying Deutsche Bank’s Polish assets. “In our strategy last year, we said that we would not exclude possible acquisitions, but we are not determined in that regard. Our capital capacity without reaching for external sources is around PLN 1 billion.