March 26, 2020 / 12:40 PM / 2 days ago

BRIEF-mBank Says Poland's KNF Wants Banks To Retain Net Profit Due To Expected Coronavirus Impact

March 26 (Reuters) - mBank SA:

* SAYS POLAND’S FINANCIAL REGULATOR KNF EXPECTS BANKS TO RETAIN NET PROFIT FROM PREVIOUS YEARS

* SAYS KNF CITES CORONAVIRUS EPIDEMIC AND POSSIBLE CONSEQUENCES FOR THE ECONOMY, EXPECTED IMPACT ON BANK SECTOR AS REASON FOR EXPECTATION

* SAYS KNF ALSO EXPECTS NOT TAKING STEPS WHICH COULD LEAD TO WEAKENING OF CAPITAL BASE Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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