Bank Millennium reported a consolidated net loss of PLN 1,014.57 million attributable to shareholders of the parent company in 2022, compared to a loss of PLN 1,331.87 million a year earlier, the bank said in its report.
In an earlier preliminary quarterly report, the bank said its consolidated net loss was PLN 1,014.6 million in 2022.
Net interest income amounted to PLN 3,337.29 million, compared to PLN 2,713.14 million a year earlier. Net fee and commission income reached PLN 808.31 million against PLN 830.61 million a year earlier.
The bank’s total assets amounted to PLN 110.94 billion at the end of 2022, compared to PLN 23.66 billion at the end of 2022.
On a standalone basis, the bank’s net loss in 2022 was PLN 1,029.9 million versus a loss of PLN 1,357.45 million a year earlier.
Bank Millennium is a nationwide universal bank, operating under the brand since 2003. In 1992, the bank’s shares (then BIG SA) were the first financial institution – to debut on the WSE. The strategic shareholder of Bank Millennium is Banco Comercial Portugues (Millennium bcp), the largest commercial bank in Portugal.
Source: Bank Millennium and ISBnews
