Bank Millennium - Interest Rates & Margin

Banking | Poland | March 9, 2014
Excel Sheet

Bank Millennium is Poland's nationwide universal bank, offering its services to all market segments via a network of branches, individual advisors and electronic banking.

Bank's net interest margin reached 2.24% in 2012 and recovered nicely from its lows of 1.30% in 2009. Thanks to bank's heavy involvement in the FX-denominated mortgage lending, Millennium is heavily exposed to the currency development, directly as well as indirectly through the potential asset quality development, for example