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Bank Millennium will reduce CO2 emissions by another 500 tons per year thanks to lighting from Signify18.02.2021
2020 at Bank Millennium - a year full of challenges, accelerated digital transformation and record sales of mortgage loans02.02.2021
The consolidated net profit of the Bank Millennium Group in 2020 amounted to PLN 23 million (PLN -109 million in 4Q). The result was influenced by the Covid-19 pandemic and extraordinary items, in particular PLN 677 million of provisions for legal risk related to the portfolio of foreign currency mortgage loans (PLN 380 million in 4Q) originated by Bank Millennium. After adjusting for special events, the net profit would be PLN 709 million (PLN 204 million in 4Q), and the adjusted ROE would amount to 7.8%. Sales of new mortgage loans reached a record value of PLN 6.8 billion (+ 57% y / y).