mBank will not pay out dividend
19:10
Shareholders at Polish commercial lender mBank decided on Thursday not to pay out a dividend on its 2015 net profit.
mBank's net profit in 2015 amounted to PLN 1.27 billion.
Earlier, mBanks' CEO Cezary Stypułkowski claimed that the lender intended to pay out dividends in 2016.
mBanks is a unit of German Commerzbank, one of the leading commercial banks in Poland. The Bank has been listed on the Warsaw Stock Exchange since 1992. At the end of 2015, total assets of the bank equaled PLN 123.52 billion.
