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Bank Millennium - positive net result and significant improvement of capital ratios in Q4 2022
31.01.2023Preliminary results and activity of Bank Millennium Group after 4 quarters of 2022
After a period of negative results, in the fourth quarter of 2022 consolidated net profit of the Bank Millennium Group amounted to +249 mln PLN (loss of 1015 mln PLN after 4 quarters). After excluding the costs related to foreign currency mortgage loans, the costs of credit holidays and after adding hypothetical bank tax, the net result in the 4th quarter would amount to +694 mln PLN (+2241 mln PLN in the entire 2022). At the end of 2022, capital ratios returned to levels significantly above the required minimums – TCR increased to 14,4% and T1 to 11,3%.
After a period of negative results, in the fourth quarter of 2022 consolidated net profit of the Bank Millennium Group amounted to +249 mln PLN (loss of 1015 mln PLN after 4 quarters). After excluding the costs related to foreign currency mortgage loans, the costs of credit holidays and after adding hypothetical bank tax, the net result in the 4th quarter would amount to +694 mln PLN (+2241 mln PLN in the entire 2022). At the end of 2022, capital ratios returned to levels significantly above the required minimums – TCR increased to 14,4% and T1 to 11,3%.
National e-Invoicing System soon mandatory for companies
23.01.2023Beata Zaczek, expert in the Factoring and Trade Finance Department, Bank Millennium
From January 1, 2024, Krajowy System e-Faktur (the National e-Invoicing System - KSeF) will become an obligatory solution for companies. This is a huge change and a challenge for entrepreneurs, imposing the obligation to adapt to one structured invoice template, causing the need for changes in financial and accounting systems and internal processes of companies.
From January 1, 2024, Krajowy System e-Faktur (the National e-Invoicing System - KSeF) will become an obligatory solution for companies. This is a huge change and a challenge for entrepreneurs, imposing the obligation to adapt to one structured invoice template, causing the need for changes in financial and accounting systems and internal processes of companies.
Get more information -National e-Invoicing System soon mandatory for companies
Confirming identity in Bank Millennium’s Internet banking system and mobile app
18.01.2023Bank Millennium provides the Millennium ID service for users of online banking and mobile application. The solution works on the basis of the mojeID service provided by Krajowa Izba Rozliczeniowa. The bank's customers gain the ability to easily and securely confirm their identity online both with commercial service providers and in public administration websites. Millennium ID also allows access to login and data transfer history.
Bank Millennium among the most climate-conscious companies
10.01.2023Bank Millennium received the title of “Climate-Conscious Company 2022" as part of the Climate Awareness Survey of Companies conducted on the basis of the content of reports for 2021. The Bank received 8.17 points and thus ranked 7th out of 152 companies listed on the Warsaw Stock Exchange.
Get more information -Bank Millennium among the most climate-conscious companies
Assistance to Ukrainian citizens and financial education as the main activities of the Bank Millennium Foundation in 2022
10.01.2023The Bank Millennium Foundation did not remain indifferent to the fate of its neighbours fleeing the war from across the eastern border. Organising help points, support in finding accommodation, looking for a job or places to stay for children from orphanages in Ukraine is a series of activities, which were undertaken last year by volunteers – employees of the bank. Educational activities under the Financial ABCs project were also continued. In total, representatives of Bank Millennium allocated nearly 2000 hours for pro bono activities in the last 12 months. The Foundation summarised its activities in 2022 in a report just published.
Konto Mój Biznes account at Bank Millennium with high bonus
09.01.2023A new Bank Millennium TV commercial has been launched. In this campaign, the bank promotes Konto Mój Biznes account - you may open it now under a promotion and after fulfilment of certain conditions get a bonus of up to PLN 2,500.
Get more information -Konto Mój Biznes account at Bank Millennium with high bonus
Leasing even more accessible. New support for businesses
05.01.2023Millennium Leasing was the first leasing company in Poland to sign an agreement with Bank Gospodarstwa Krajowego (BGK) for the inclusion of lease agreements with de minimis guarantees. This is another step towards increasing companies' access to capital. Entrepreneurs can take advantage of the extended financing offer from January 5, 2023.
Get more information -Leasing even more accessible. New support for businesses
It will be easier to open a business with Bank Millennium
04.01.2023Bank Millennium enables customers to set up a business via the Internet. In the mobile app and the electronic banking system, it has made available an application for business registration.
Get more information -It will be easier to open a business with Bank Millennium
Rapid growth in photovoltaics investments
14.12.2022Energy independence is a slogan that in the era of high energy costs appears in the minds of entrepreneurs more and more often. To achieve this, Polish companies are increasingly investing in renewable energy sources, mainly photovoltaics, and are more and more willing to finance it with leasing. So far, Millennium Leasing has financed photovoltaic systems with a total value of nearly 360 mln PLN for over 3.3 thousand customers, recording an over 127% increase in the number of photovoltaic lease agreements since the beginning of 2021.
Get more information -Rapid growth in photovoltaics investments
New television commercial of Bank Millennium
13.12.2022On Monday, December 12, the broadcasting of a new TV commercial of Bank Millennium began. The Bank promotes its innovative mobile app and selected services available in the app - viewing accounts in other banks, refunds for purchases, BLIK contactless payments, the possibility of purchasing public transport tickets in the app and paying motorway toll.
Get more information -New television commercial of Bank Millennium
