Socially responsible products and services

The 360° account offer is universal and prepared so as to respond to the needs of various groups of clients regardless of their age and income.

Accounts for younger clients are always free of charge, while the structure of the 360° Account supports fee exemptions even if a minimal salary is credited to the account. The Bank does not set a requirement regarding the minimum amount of a single incoming amount or source of income. It suffices for the total proceeds to be at least PLN 1,000 regardless of whether those proceeds are for a job salary, social benefits, scholarships or cash deposits.

What’s more, if the condition is met for the account to be free of charge, then the client also does not pay for any ATM withdrawals. This means that clients who have mobility-related problems (elderly and disabled persons) may use ATMs in locations that are convenient for them without taking any risk of additional fees for withdrawals from third party ATMs.

Clients whose finances do not allow them to order house calls by a physician can use this service in the event of a sudden illness affecting themselves or a child within the framework of the Very Helpful Package offered in conjunction with the 360° account. By selecting the Account with the Very Helpful Package a client can order 7 interventions in 12 free of charge months from the time of opening the account.

Having regard for younger clients the Bank’s offer includes the Student 360° Account for people aged 18 to 26 and the Junior 360° Account for clients who have not yet turned 18. Lending them a helping hand to take their first steps in the world of finance, The Bank does not charge fees for account handling, while the debit card is free of charge if only one transaction is executed using the card.

WWF Millennium MasterCard is a credit card  supporting protection of the natural environment. Bank Millennium transfers to WWF Polska, the national branch of the largest international foundation dealing with nature protection, half of the monthly fee for handling the card and a certain percentage of the transactions made using the card. Additionally, the card is made using an environmentally-friendly PETG polyester which may be recycled.

Millennium Dom Maklerski makes brokerage accounts available to its clients – IKZE (Individual Pension Security Accounts). IKZE are a type of personal pension program involving the accumulation of savings by investing through a brokerage account, thereby making it possible to increase one’s pension in the future.

Clients can receive a flexible bonus (up to 5%) that grows over time by enrolling in the program and selecting a financed object from a broad spectrum of energy efficient machinery and equipment. The purpose of the program is to support Polish businesses finance technology contributing to lower consumption of energy. Clients can also reduce their costs by investing in energy efficient machinery and equipment. The Eko Energia Lease Program is financed from European Bank for Reconstruction and Development (EBRD) funds.

The loan for technological innovations, which is provided in cooperation with Bank Gospodarstwa Krajowego (BGK) within the framework of EU funds, offers the possibility of obtaining a non-refundable subsidy in the form of a technology bonus.   The bonus is used by BGK for partial repayment of the loan granted by the Bank. The bonus amount may reach as much as PLN 6 million and up to 70% of eligible expenditures for micro and small businesses and up to 60% for medium-sized enterprises, based on the regional aid map.

The Loan for Technological Innovations is dedicated to companies that meet the criteria of being micro, small and medium-sized businesses and is designated for the implementation of a new technology facilitating the manufacture of goods, processes or services that are new or much better than previously produced in Poland. The project’s positive effect on the implementation of sustainable development principles is an important element considered in the loan application evaluation process.

For more than 5 years, in cooperation with BGK, Bank Millennium has been actively involved in the national program of de minimis guarantees. A business in the SME sector may take advantage of a de minimis guarantee to collateralize the repayment of a PLN loan. The high amount of the guarantee (up to 60% of the loan amount and up to PLN 3.5 million) and the term of financing of up to 24 months in the case of working capital loans or up to 96 months for investment loans mean that this program has enjoyed great interest among clients.

This program run jointly with BGK is addressed to companies engaged in implementing innovative investment projects. Under the Smart Growth Operational Programme (SG OP), guarantees are granted to secure repayment of investment loans up to 80% of a loan for an amount of up to EUR 2.5 million. These are what are referred to as Biznesmax Guarantees that may be extended within the framework of “de minimis aid” or (if this cannot be applied) within the framework of “regional investment aid”. The term of validity of the guarantees may last as long as 20 years. Biznesmax guarantee are totally free of charge to clients. A borrower who takes advantage of a loan with a Biznesmax guarantee may also receive reimbursement for a portion of the interest paid for a period of 3 years (grant under “de minimis aid”). This is a unique combination of a guarantee and a grant. [GRI 203-1]