mBank changes hands

What does this mean for its clients?

(Source: mBank via Facebook)

Internet mBank will change hands. Its majority owner, German Commerzbank, which controls about 70 percent of the stock, has decided to sell its share, the Reuters newswire reported.

The services of the Slovak branch of mBank are currently used by nearly 290,000 clients. It arrived on the market in late 2007 as a subsidiary of a Polish bank.

The Polish media is already speculating that the local financial houses, like PKO Bank Polski and Pekao, may be interested in purchasing the stock, the Sme daily reported.

No changes for now

Slovak clients have nothing to fear for now.

“Nothing will change for them in the first step,” Maroš Ovčarik of the Finančný Kompas website told Sme.

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on Spectator.sk
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on Sme.sk and Korzar.sk

Top stories

News digest: Pandemic situation worsens, more districts join black tier

Robert Fico refuses to explain leaked recordings. Daily caseload the highest since the second wave’s peak.


5 h
Ferrata route to Martinské Hole, illustrative stock photo

When injured or lost in the mountains, who do you call?

Mountain rescue service has an app that can save lives.


11 h
Oli Džupinková and her book

With her mom’s recipes, popular radio host taught Slovaks to cook Rusyn meals

Regional meals succeeded beyond community, beyond Slovakia’s borders.


26. okt
Skryť Close ad