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2018 Financial and Social Report

25 May

Bank Millennium completed all essential work involved with implementation of GDPR in processes relating to customer information management and is compliant with GDPR in all key areas.

28 June

Bank Millennium applied to Polish Financial Supervision Authority for permission to set up a mortgage bank under the name of “Millennium Bank Hipoteczny” with its seat in Warsaw.

1 November

on the basis of the Polish Financial Supervision Authority’s decision of 17.10.2018 Bank Millennium took over management of assets of the Spółdzielcza Kasa Oszczędnościowo-Kredytowa Piast credit union (SKOK Piast).

5 November

Bank Millennium and Société Générale signed an agreement on Euro Bank acquisition by Bank Millennium. The transaction involved acquisition by Bank Millennium of approx. 99,79% of shares in Euro Bank. On 28 December 2018 UOKiK agreed to the takeover of control over Euro Bank.

20 December

Bank Millennium implemented all required changes of the Payment Services Act, which transposed PSD2. As a payment institution it is fully prepared to provide customer service in accordance with the new rules.