• Broker Consulting / mBank

  • Sector: financial services
  • Client: Broker Consulting
  • Year: 2015
  • CORPIN provided advisory support to its long-term client Broker Consulting in relation to establishment of a strategic commercial alliance with the internet bank mBank. This partnership brings a new element to the Czech market of retail financial services – a mutually advantageous partnership between a traditional network of independent financial advisers of Broker Consulting and a progressive internet bank. mBank is Poland-based bank, majority-owned by German-based Commerzbank.
  • CORPIN has led an advisory support to Broker Consulting throughout the whole time, starting with a series of discussion with various banks operating in the Czech market. As a result of this process mBank was identified to have the optimal mix of advantages, including, based on their experience in markets outside of the Czech Republic, a solution that does not compromise Broker Consulting’s position as an independent, multi-provider of financial advise. More information can be found in press announcement here (in Czech only).
  • This transaction is another successful step in a long-term advisory partnership between CORPIN and Broker Consulting, which included also another unique innovation in the Czech market back in 2013 – a life insurance product „OK Double“, which fully utilizes advantages of the single European financial services market, as the product is provided by a German life insurance company and fully underwritten by the world’s largest life reinsurance company, SCOR, without any participation of Czech-based insurance providers.