"2015 was a period of hard work for our team of employees at the Bank, the effects of which found their confirmation in the financial results and independently endorsed results of customer service quality surveys. A high quality of our products and services was appreciated"
"2015 results, our business model and capitalisation measured with capital adequacy ratios show that we are a solid and trustworthy bank, ready to face up to the challenges of the coming year."
"The Bank especially values entrepreneurship, creating a friendly climate for start-ups and development of new technologies and innovations"
- Joao Bras Jorge, CEO
"Millennium Bank - chosen as the best bank with the higest quality service for customers"
Newsweek’s Friendly Banking Ranking 2015
Deposits / Accounts / Clients
Awards and achievements
Nagrody i wyróżnienia
Consolidated financial statement
Profit and Loss Statement
|(mln PLN)||2015 pro-forma||2014 pro-forma|
|Net interest income*||1.418,7||1.465,0|
|Net commission income||596,2||611,7|
|Other non-interest income **||2,3||138,9|
|General and administrative costs||-1.036,6||-1 056,1|
|Total operating costs||-1.087,0||-1.111,4|
|Net profit without one-off charges||667,4||650,9|
* Pro-forma data. Margin from all derivatives, including those hedging FX denominated loan portfolio, is presented in Net Interest Income, whereas in accounting terms part of this margin (PLN 10.9 million in 2014 and PLN 53.4 million in 2015) is presented in Result on Financial Operations.
** Includes FX results, results on financial operations (pro-forma) and net other operating income and costs.
|Net interest income (reported under IFRS)||1.365,2||1.454,1|
|Cash and balances with the Central Bank||1.946||2.612|
|Loans and advances to banks||2.349||2.385|
|Loans and advances to customers||46.369||44.143|
|Amounts due from reverse repo transactions||0||156|
|Derivatives (for hedging and trading)||429||502|
|Shares and other financial instruments||230||10|
|Tangible and intangible fixed assets||218||213|
|Liabilities and equity||31/12/2015||31/12/2014|
|Deposits and loans from banks||1.444||2.037|
|Deposits from customers||52.810||47.591|
|Liabilities from repo transactions||0||60|
|Financial liabilities at fair value
through P&L and hedging derivatives
|Liabilities from securities issued||1.134||1.739|
|Total Liabilities and Equity||66.235||60.740|