mBank Reports 29.6% Rise in Third-Quarter Profit
Commerzbank's Polish unit said loan portfolio growth and lower costs tied to Swiss franc mortgage lawsuits offset a bank tax hike. Profit met market expectations.
Commerzbank's XETR:CBK Polish unit mBank GPW:MBK reported a 29.6% rise in its third-quarter profit on Wednesday, meeting market expectations, as loan portfolio growth and lower costs of Swiss franc mortgage lawsuits offset the bank tax hike aimed at funding defence spending.Polish banks earned a re…