Earnings Release • Apr 17, 2019
Earnings Release
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The amount of contribution to the Bank Guarantee Fund and its impact onthe consolidated results of Q1 2019
With reference to the information received from the Bank Guarantee Fund("BFG") on 17 April 2019 and to the current report no. 7/2019 dated 22February 2019, the Management Board of mBank S.A. ("Bank") informs thatthe amount of the annual contribution to the resolution fund due for2019 set by the BFG for the Bank, including the adjustment ofcontribution paid in 2018, amounts to PLN 183,937 thousand.
The total contributions to the BFG (contribution to the bank guaranteefund for Q1 2019 set by the BFG in the amount of PLN 14,385 thousand andabove mentioned annual contribution to the resolution fund in the amountof PLN 183,937 thousand) included in the Bank's costs of Q1 2019amounted to PLN 198,322 thousand.
The mBank Group's costs of contributions to the BFG in Q1 2019 amountedto PLN 211,637 thousand in comparison to PLN 117,315 thousand in Q1 2018.
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