National Bank of Poland

NBP declared winner of the Central Banking ‘Currency Manager’ Award

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Wednesday, March 22, 2023
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The National Bank of Poland and the National Bank of Ukraine announced the winners of the "Currency Manager" Central Banking Award - the 10th edition of the prestigious award in the world of central banking.

Key Points: 
  • The National Bank of Poland and the National Bank of Ukraine announced the winners of the "Currency Manager" Central Banking Award - the 10th edition of the prestigious award in the world of central banking.
  • Warsaw, March 22, 2023 - Narodowy Bank Polski is pleased to announce that it has won an award confirming the effectiveness of protection of the value of the Polish currency and its management by Narodowy Bank Polski - Central Banking "Currency Manager" Award .
  • The award was given for currency management in the face of Russian aggression in Ukraine.
  • In 2023, the Central Banking Awards were granted for the tenth time.

DGAP-News: Commerzbank expects revenue burden in Poland

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Monday, July 18, 2022
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Commerzbank still expects a net result of more than 1 billion for the financial year 2022 despite an expected revenue burden at its Polish subsidiary mBank.

Key Points: 
  • Commerzbank still expects a net result of more than 1 billion for the financial year 2022 despite an expected revenue burden at its Polish subsidiary mBank.
  • Commerzbank will consider legal action against this unusual measure, which is granted to all borrowers regardless of their financial position.
  • In the second quarter, Commerzbank already expects additional compulsory contributions of around 83 million at mBank for the Institutional Protection Scheme.
  • As part of its international business, Commerzbank supports clients with German connectivity and companies operating in selected future-oriented industries.

Commerzbank expects revenue burden in Poland

Retrieved on: 
Monday, July 18, 2022
Commerzbank, Government, Czech Republic, Method, Forward-looking statement, Income, Bank, National Bank of Poland, Legislation, Risk management, PLN, Efficiency, MBank, Security (finance), Renewable energy

Commerzbank still expects a net result of more than 1 billion for the financial year 2022 despite an expected revenue burden at its Polish subsidiary mBank.

Key Points: 
  • Commerzbank still expects a net result of more than 1 billion for the financial year 2022 despite an expected revenue burden at its Polish subsidiary mBank.
  • Commerzbank will consider legal action against this unusual measure, which is granted to all borrowers regardless of their financial position.
  • In the second quarter, Commerzbank already expects additional compulsory contributions of around 83 million at mBank for the Institutional Protection Scheme.
  • As part of its international business, Commerzbank supports clients with German connectivity and companies operating in selected future-oriented industries.

DGAP-News: Pacifico Renewables Yield AG: Landmark acquisition of 51.8 MW onshore wind project in Poland signed

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Monday, October 11, 2021
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Gruenwald, October 11, 2021 - Today, Pacifico Renewables Yield AG (ISIN: DE000A2YN371) (the "Company"), an independent producer of electricity from renewable sources, signed a purchase agreement to acquire three onshore wind parks located in northern Poland with a total capacity of 51.8 MW.

Key Points: 
  • Gruenwald, October 11, 2021 - Today, Pacifico Renewables Yield AG (ISIN: DE000A2YN371) (the "Company"), an independent producer of electricity from renewable sources, signed a purchase agreement to acquire three onshore wind parks located in northern Poland with a total capacity of 51.8 MW.
  • This acquisition represents the Company's third transaction in 2021 and demonstrates its ability to deliver on its growth trajectory.
  • Christoph Strasser, Co-CEO: "This landmark acquisition is an important step towards our goal to grow our portfolio to 400 MW by 2023.
  • It furthermore demonstrates our ability to acquire attractive assets from our network of partnerships with project developers in a tailored transaction."