Tag: Millennium

Financial and Business Results of the Capital Group of Millennium Bank in Q3 2024.

The Bank Millenium Capital Group S.A. reported a net profit of 190 million PLN in the third quarter of 2024 and 547 million PLN...

Bank Millennium Sets 2028 Growth Goals: Expanding Corporate and Retail Reach

Bank Millennium has announced a new strategy for 2025-2028. The "2028 Strategy – Value and Growth" aims for rapid expansion in both corporate and...

First issuance of green bonds by Bank Millennium

Bank Millennium has concluded the subscription of its inaugural green bonds with a nominal value of 500 million euros. These bonds will be issued...

Kinga Gruszecka joins CGI Poland – the space sector expert will coordinate projects related to space

Kinga Gruszecka, an expert of the Polish space sector, recognized with the title of Sector Hope, as of September 2024, will be joining the...

Banks Ease Mortgage Terms as Average Credit Capacity Rises to 488 Thousand PLN Amid Anticipated Rate Cuts

Lack of specifics about a new state support program for property buying and anticipation of an interest rate cut have led banks to ease...

Financial and business results of Bank Millennium Capital Group in 2Q2024

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...

Polish Banks Report Financial Challenges Amid New Loan Holidays and Existing Swiss franc Loan Issues

On the Warsaw Stock Exchange, Polish banks, reporting their financial results, revealed the scale of financial problems related to new loan holidays and ongoing...

Financial Results of Bank Millennium Group for the First Quarter of 2024

Bank Millennium reports net profit of PLN 128 million, strong business results and strengthened capital ratios in 1Q2024 Financial and business results of Bank Millennium...

Polish Retail Sales Down 19.5% in Jan, Online Up 11% (GUS)

According to the latest data from the Central Statistical Office (GUS), retail sales in January 2024 decreased by 19.5% compared to December 2023. At...

Polish Interest Rates to Remain Stable, Gradual Cuts Possible Later in 2024

The Monetary Policy Council at its February meeting did not change the level of interest rates. This is likely to remain so for some...

Bank Millennium Sees Polish Economy Growing 2.9% in 2024 on Private Consumption and Interest Rate Cuts

Bank Millennium forecasts a 2.9 percent economic growth with an upward perspective for 2024, which will be primarily driven by resurging private consumption, lowering...

Poland’s Financial Sector Gears Up for Green Transition

The green transformation in Europe is increasingly influencing all sectors of the economy, including the financial industry. Successive regulations are forcing banks and other...

The risk of natural disasters is increasing. Poland must prepare for the effects of climate change.

Between 2016 and 2021, insurance companies reported 3622 instances of natural disasters to the Financial Supervision Commission, including floods, storms, droughts or tornadoes. Such...
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