Polish Internet bank mBank is preparing to enter the Slovak market -- it should start offering services to clients as early as at the end of this year. mBank, a retail division of the Polish BRE Bank, will be the first foreign bank to enter the Slovak market based on the so-called "European Passport -- Unified European License.
"In the beginning, products' offer will contain current and saving accounts, consumer loans, and housing loans," the banks PR Manager Marech Michlik stated. mBank operates fifteen financial centers in Poland, where clients can apply for a loan or use Internet or phone free-of-charge to provide transactions on their accounts or get information on services offered. The bank offers personal client contact through a network of more than fifty mKiosks -- small multifunctional contact points in large shopping malls in Poland. mBank is planning to install a similar model of a retail network in Slovakia.
mBank is a retail division of electronic banking of one of Poland's largest financial institutions -- BRE Bank SA. It specializes on providing banking services for large business entities, international corporations, as well as small and middle-sized companies. BRE Bank SA is a member of the Commerzbank Group, which is the second largest bank in Germany and owns more than a seventy-percent stake in BRE Bank.
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