2018-02-16    mBank Hipoteczny received The Covered Bond Label certificate

 

mBank Hipoteczny, a wholly owned subsidiary of mBank, is the second Polish issuer of covered bonds and the 99th member with this international certificate.

 

- The Covered Bond Label is an important market initiative towards harmonisation and information transparency on the covered bond market. The accession of mBank Hipoteczny will contribute to the development of The Covered Bond Label on the Polish market, obliging Polish issuers to meet high standards in terms of information transparency – says Luca Bertalot, director of the Covered Bond Label Foundation.

 

- mBank Hipoteczny as an issuer of mortgage covered bonds with the longest history on the Polish capital market joined The Covered Bond Label to strengthen the long-lasting relationship with the international investor community and confirm full readiness to meet the information transparency standards by implementing the latest version of the Harmonised Transparency Template (HTT) reports – commented Piotr Cyburt, President of the Management Board of mBank Hipoteczny.

 

The Covered Bond Label is a quality certificate whose aim is to build awareness among investors about security and high quality of such asset category as covered bonds.

 

 

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