The majority of these loans are commercial real estate loans. The takeover will be completed through a division of mBank Hipoteczny by separation and a transfer of the separated part of its business to mBank. The division will be made by way of universal succession, which means that on the day the division is registered in the National Court Register (KRS) mBank will assume all rights and obligations of mBank Hipoteczny arising from the transferred business, including from mortgage agreements.

By the time mBank assumes the rights and obligations arising from the transferred credit agreements, the clients of mBank Hipoteczny will continue to be served by their current advisers. The division will not generate any costs for the clients.

For details about the timeframe of the division plan, go to the Investor Relations tab on our official website.