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mBank’s net banking income increases by 23% in Q3

A net banking income generated by Czech bank mBank in the third quarter of 2014 increased by 23% y/y to CZK 182.4m. According to the bank, the volume of extended consumer loans increased by 45% and the volume of mortgages grew by 23%. The number of mBank’s clients grew to 516,000. According to mBank CFO and head of Slovak organisational unit Przemysław Kłobut, the bank focused particularly on the preparation of its new sales and marketing strategy in the third quarter. The company plans to introduce news in the field of banking technology in 2014.

Source: www.cianews.cz