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April 19, 2015 7:17 PM ET

Banks

Company Overview of Bank Millennium Spolka Akcyjna

Company Overview

Bank Millennium S.A., together with its subsidiaries, provides various banking and financial products and services to corporate and individual customers in Poland. The company offers current accounts; credit, debit, and prepaid cards; cash, consolidation, and asset-backed loans; mortgage, home equity, debt consolidation, and refinance loans; open end investment fund products; savings products; and insurance products, as well as provides tele, SMS, combined statements, transfers, standing order, direct debit, bill payment, electronic invoices, mobile, Internet payment, closed deposits, car collection, POS terminal, automatic identification of incoming payments, statement of account, and ATMs ...

ul. Stanisława Żaryna 2a

Warsaw,  02-593

Poland

Founded in 1989

Key Executives for Bank Millennium Spolka Akcyjna

Chairman of the Management Board
Total Annual Compensation: $2.6M
Vice-President of The Management Board
Total Annual Compensation: $2.2M
Vice-President of the Management Board
Total Annual Compensation: $2.0M
Member of the Management Board
Total Annual Compensation: $1.7M
Member of the Management Board
Total Annual Compensation: $1.7M
Compensation as of Fiscal Year 2014.

Bank Millennium Spolka Akcyjna Key Developments

Bank Millennium Spolka Akcyjna Seeks Acquisitions

Bank Millennium Spolka Akcyjna (WSE:MIL) is looking for acquisitions. Bank Millennium has decided not to distribute dividends. Bank Millennium will retain profits which may be dedicated to acquisitions, intensification of crediting, or saved until the next year.

Bank Millennium Group Announces Consolidated Earnings Results for the Fourth Quarter and Full Year of 2014

Bank Millennium Group announced consolidated earnings results for the fourth quarter and full year of 2014. For the quarter, net profit was PLN 157.7 million, 9% lower than the profit achieved in the previous quarter mainly due to negative impact of interest rate cuts in October. For the year, net profit amounted to PLN 651 million, which means a very solid growth of 21.5% when compared to 2013 year. ROE improved yearly from 10.6% to 11.8%. Net interest income up 15.3% year on year, despite lower than expected market interest rates.

Bank Millennium Spolka Akcyjna to Report Q4, 2014 Results on Feb 02, 2015

Bank Millennium Spolka Akcyjna announced that they will report Q4, 2014 results on Feb 02, 2015

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