As on June 30, 2016, mBank in the Czech Republic increased the volume of loans advanced to retail clients to PLN 3.26bn (+27.9% y/y). The volume of deposits amounted to PLN 5.24bn (+26.7%). The bank closed contracts on non-mortgage loans worth PLN 188.6m (+40%) and mortgage loans worth PLN 365.9m (+1.3%) in the first half of this year. The number of retail clients grew from 541,900 in 2015 to 607,400 as of the end of June, according to the annual report published by mBank S.A. Group. According to the bank, it focused on a growth in the client base in the Czech Republic in the first half of 2016. The card offer has been extended by a gold debit card, a debit card for entrepreneurs, and a payment label.

Source: www.cianews.cz