Bank Millennium - Quarterly Cost of Risk

Cost of Risk vs. Interest Spread (%)
Banking | Poland | August 23, 2019
$3.99
Excel Sheet

Bank Millennium's Cost of Risk (loan loss provisions as % of total assets) amounted to 0.674% in the second quarter of 2019, up from 0.352% when compared to the previous quarter.

Historically, the bank’s cost of risk reached an all time high of 0.674% in 2Q2019 and an all time low of 0.271% in 1Q2016. The average cost of risk in the last six quarters amounted to 0.382%.

On the other hand, average asset yield was 3.66% in 2Q2019, up from 3.52% when compared to the same period last year. Cost of funding amounted to 1.11% in 2Q2019, down from 1.13%.

When compared to bank's main peers, PKO BP operated in the second quarter of 2019 with a cost of risk of 0.391% Pekao SA reached 0.367% and ING Bank Slaski some 0.361%.

You can see all the bank’s data at Bank Millennium Profile, or you can download a report on the bank in the report section.

Cost of Risk Unit Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
Alior Bank % 33.7% ... ... ... ... ... ...
Bank BGZ BNP Paribas % 15.3% ... ... ... ... ... ...
Bank Handlowy % 5.46% ... ... ... ... ... ...
Bank Millennium % 0.354% 0.302% 0.321% 0.331% 0.310%
Bank Ochrony Srodowiska % 1.35% 0.188% 1.17% 0.456% 1.02%
ING Bank Slaski % 0.357% 0.298% 0.531% 0.399% 0.278%
mBank % 0.426% 0.364% 0.620% 0.505% 0.468%
Pekao SA % 0.360% 0.279% 0.300% 0.340% 0.219%
PKO BP % 0.590% 0.451% 0.505% 0.429% 0.509%
Santander Bank Polska % 0.558% 0.516% 0.612% 0.572% 0.719%
AVERAGE % 4.30% 5.84% 0.343% 0.580% 0.433% 0.504% 0.343% 0.535%