mBank (Commerzbank) (formerly BRE Bank SA)

Established in 2000 as BRE Bank, the bank was rebranded to mBank in 2013. Today mBank is one of the largest Polish banks, operating as a universal bank and serving all client groups. mBank provides a comprehensive range of products and services in retail, business, corporate and private banking.

Retail Banking
Private Banking
Corporate Banking

In 2016 total assets of mBank (Commerzbank) were 133,74 bln PLN. In 2016 the bank's net income was 1 219,00 mln PLN.

Total Assets (2016)
133.74 bln PLN  (+8.27%)
Net Income (2016)
1 219.00 mln PLN  (-6.30%)
Number of Employees (2016)
8 401  (-2.17%)

mBank (Commerzbank) is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa2 (lower medium grade). mBank (Commerzbank) participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100 000 EUR per bank per depositor.

mBank (Commerzbank) is headquartered in Warszawa.

ul. Senatorska 18, 00-950, Warszawa, Poland
+48 22 829-00-00
+48 22 829-00-33
Bank Sort Code
Start Date
January 1987

Business Summary

retail banking
private banking
corporate banking
current accounts
savings accounts
time deposit accounts
investment funds
consumer loans
mortgage loans
business loans


Current Accounts

Current accounts are non-interest bearing deposit accounts that are used to perform day-to-day banking transactions. Current accounts are often offered with a payment card (a debit card and/or a credit card) and may also include overdraft possibility. Annual costs of having a current account (also known as account management fees) can depend on monthly income input to the account or amount of money deposited into the account.

Current accounts made with mBank (Commerzbank) are covered by deposit guarantee scheme of Poland up to 100 000 EUR per depositor. The following current accounts are offered by mBank (Commerzbank).

Updated on 19 February 2018

eKonto mobilne
Sales Region
Account Currency
Annual Costs (PLN)
Overdraft Rate (p.a.)
0.00 %
Current Account Details
Product Name
eKonto mobilne
Account Currency
Annual Costs
0.00 PLN
Interest Rate (p.a.)
0.00 %
Overdraft Rate (p.a.)
0.00 %
Debit Card
Debit Card Costs (p.a.)
60.00 PLN
Credit Card
Credit Card Costs (p.a.)
Online Banking
Telephone Banking
Branch Banking
Mobile Banking
Indexed TAN (iTAN)
Mobile TAN (mTAN)

Poland: This product is offered to Polish residents only. When clicking on the product link you will be redirected to the product page in Polish.

See Also

Financial Positions

Total Assets (2016)
133.74 bln PLN  (+8.27%)
Total Equity (2016)
13 051.00 mln PLN  (+6.32%)

In 2016 total assets of mBank (Commerzbank) were 133.74 bln PLN. Growth compared to the previous period (2015) was 8.27%. The evolution of the total assets of mBank (Commerzbank) is shown at Chart 1 below.

Total Assets of mBank (Commerzbank).

Chart 1. Total Assets of mBank (Commerzbank).

Recent changes in total assets of mBank (Commerzbank) and its main components are shown in Table 1.

2015 2016 % change
Loans 80.4 84.5 +5.16%
Total Assets 123.5 133.7 +8.27%
Table 1. Recent changes in total assets of mBank (Commerzbank) (bln PLN).

Recent changes in total liabilities of mBank (Commerzbank) and its main components are shown in Table 2.

2015 2016 % change
Deposits 80.0 89.8 +12.21%
Total Liabilities 123.5 133.7 +8.27%
Table 2. Recent changes in total liabilities of mBank (Commerzbank) (bln PLN).

Profit and Loss

Net Income (2016)
1 219.00 mln PLN  (-6.30%)

In 2016 net income of mBank (Commerzbank) was 1 219.00 mln PLN. Decline compared to the previous period (2015) was -6.30%. The evolution of the net income of mBank (Commerzbank) is shown at Chart 2 below.

Net Income of mBank (Commerzbank).

Chart 2. Net Income of mBank (Commerzbank).

Credit Ratings (as of Apr 2016)

Fitch Moody's
BBB (good credit quality) Baa2 (lower medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. mBank (Commerzbank) is rated by Fitch and Moody's.

Credit ratings assigned to mBank (Commerzbank) as of April 2016 are shown in details in the following sections.


Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for mBank (Commerzbank) it is set to BBB (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for mBank (Commerzbank) is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  BBB
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  bbb-
Support Rating  2
Support Rating Floor  -

Viability rating for mBank (Commerzbank) is set to bbb- (good fundamental credit quality); support rating is 2 (high probability of external support); support rating floor is not set.


Long-term rating for mBank (Commerzbank) it is set to Baa2 (lower medium grade). Long-term bank deposit rating is Baa2 (lower medium grade). Bank financial strength rating is ba2. Short-term rating is not assigned.

Long-Term Rating  Baa2
Long-Term Bank Deposit Rating  Baa2
Bank Financial Strength Rating  ba2
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of mBank (Commerzbank) is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Poland are obliged to participate in Polish deposit guarantee scheme.

In the case of mBank (Commerzbank) failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  deposits in all the accounts (e.g. term deposits, current accounts, savings accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 EUR
Paid In Currency  PLN

Further Information


BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of mBank (Commerzbank) and its components are shown in the table below.

Bank BIC Code  BREX
Country Code  PL (Poland)
Location Code  PW
Branch Code  XXX


MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of mBank (Commerzbank) is shown in the table below.

MFI ID  PL00114

Bank Sort Code

Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.

Bank Sort Code  11400000

European Presence: 3 banks in 3 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

Czech Republic


  •  (this bank) mBank (Commerzbank) (Warszawa)