Bank Millennium's net interest margin amounted to 2.54% in the fourth quarter of 2017, down from 2.55% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 2.58% in 2Q2014 and an all time low of 2.10% in 2Q2015. The average margin in the last six quarters amounted to 2.46%.
Average asset yield was 3.51% in 4Q2017, up from 3.49% when compared to the same period last year. On the other hand, cost of funding amounted to 1.09% in 4Q2017, down from 1.22%.