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Polish mBank expects slightly higher 2014 net profit
February 6, 2014 / 12:10 PM / 4 years ago

Polish mBank expects slightly higher 2014 net profit

WARSAW, Feb 6 (Reuters) - Polish lender mBank expects its 2014 net profit to be higher than the 1.2 billion zlotys ($387.6 million) booked last year, its Chief Executive Officer Cezary Stypulkowski said on Thursday.

He added dividend payout at the Commerzbank unit should stand at 50-75 percent of the last year’s standalone profit, compared to 33 percent or 10 zlotys per share paid out a year ago. ($1 = 3.0961 Polish zlotys) (Reporting by Marcin Goclowski; Wrtiting by Pawel Bernat)

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