Polish mBank to withhold paying out dividends

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Polish mBank to withhold paying out dividends

BYDGOSZCZ, 20 March 2016 - Polish lender mBank, part of German Commerzbank said it will not pay out dividends from 2015. Not paying out last year’s dividends should strengthen the bank’s position, as recommended by financial authority KNF. Polish banks are said to cut jobs and costs this year foreseeing an increase in taxes as announced by the new, conservative government. (Photo by Jaap Arriens/NurPhoto)


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