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In 2Q2024 Bank Millennium reported good financial and business results, completed recovery plan and worked on new strategy

Bank Millennium S.A. Capital Group’s reported net profit of PLN229 million in 2Q24 and 357 million in 1H24. This strong quarterly result was achieved despite credit holidays cost, continued elevated costs related to FX-mortgage portfolio and returning bank tax charge.

See more -In 2Q2024 Bank Millennium reported good financial and business results, completed recovery plan and worked on new strategy

The Bank Millennium Foundation's "Financial ABCs" programme has already visited over 1000 kindergartens.

At the beginning of April, the spring 12th edition of the Financial ABCs, an original programme of the Bank Millennium Foundation, was launched. At the end of May, the spring edition of the programme came to an end. 234 workshops were carried out in 69 kindergartens, attended by 5381 children. The 12th edition of the programme was held under the patronage of the Ombudsman for Children.

See more -The Bank Millennium Foundation's "Financial ABCs" programme has already visited over 1000 kindergartens.

Financing of investments covered by a subsidy

How to ensure comprehensive financing of investments covered by EU subsidies? The solution is Bank Millennium's proposal to combine a bridge loan with a subsidy with a long-term investment loan. A bridge loan allows companies to finance the eligible costs of the investment in the part covered by the subsidy and is granted in an amount equal to its amount. The remaining part of the investment will be covered by a long-term investment loan. If the subject of financing concerns a so-called green project, i.e. e.g. energy transformation of the company, reduction of material consumption of production, the company can count on preferential terms from Bank Millennium – no commission for granting financing and a loan period of up to 15 years.

See more -Financing of investments covered by a subsidy

PayTech Award for Bank Millennium

Bank Millennium wins the PayTech competition, which distinguishes technological solutions of the largest brands in the world of finance. The multi-channel credit card application process won the award in the Best Consumer Card Initiative category.

See more -PayTech Award for Bank Millennium

Record of the goodie shopping platform

PLN 3 billion has already been spent by users of Bank Millennium's goodie platform. The goodie cashback service allows you to save while shopping. Customers are reimbursed for a portion of their expenses on every online transaction made through this service.

See more -Record of the goodie shopping platform

Fitch upgrades the rating of Millennium Bank Hipoteczny's first covered bonds to the highest level AAA

Fitch upgraded the rating for Millennium Bank Hipoteczny's Series 1 covered bonds to AAA with a "Stable" outlook on 3 July 2024. The agency's decision follows the upgrade on 28 June 2024 of Bank Millennium S.A.'s Long-Term Issuer Default Rating, which is the benchmark for Millennium Bank Hipoteczny's Covered Bonds Rating, to BB+ with a “Positive” outlook.

See more -Fitch upgrades the rating of Millennium Bank Hipoteczny's first covered bonds to the highest level AAA

Bank Millennium among ESG leaders

Bank Millennium was on the podium of this year's edition of the "ESG Ranking. Responsible Management". In the G (Governance) section, it was ranked third. In the general classification it took a high 9th place.

See more -Bank Millennium among ESG leaders

Exchange currencies in the Bank Millennium app

Bank Millennium has launched the currency exchange functionality in its mobile application. This is a significant convenience feature for customers who are planning holiday trips abroad.

See more -Exchange currencies in the Bank Millennium app

Bank Millennium has launched Green Academy - an original development programme

Nearly 100% of Bank Millennium's corporate banking relationship managers have already received green ESG certificates as part of the Green Academy. This is Bank Millennium's proprietary development programme, which aims to improve the competences of relationship managers in the field of financing green investments and broadly understood ESG issues. The aim of the programme is also to support the development of a green financing portfolio, including investment financing, in line with the Bank's ESG strategy.

See more -Bank Millennium has launched Green Academy - an original development programme

Chilled out holidays with Bank Millennium

In the new holiday ad, Bank Millennium convinces us of the freedom we gain by using a modern banking app during the holidays. The campaign has just been launched on television and the Internet.

See more -Chilled out holidays with Bank Millennium