Bank Millennium
Encyclopedia
Bank Millennium S.A. – Poland
based commercial bank
with headquarters in Warsaw
. The strategical investor of the bank is Banco Comercial Português
(BCP).
Anna Maria Jopek
, Hubert Urbański
, Robert Górski, Łukasz Zagrobelny, Marek Kamiński
, Krzysztof Hołowczyc as well as bands Feel
and Zakopower
have advertised this bank.
Bank Millennium is BCP's
network of branches in Poland
. Bank Millennium was founded as Bank Inicjatyw Gospodarczych S.A. in 1989 when the Polish free market
and democratic political transformations started. The bank was the first financial institution quoted on the Warsaw Stock Exchange
(1992) and gained its present scale through mergers with other banks (in 1992 - Łódzki Bank Rozwoju S.A. and 1997 - Bank Gdański S.A.), as well as organic growth supported by the new business model, which has been developed in co-operation with its owner - the Portuguese bank Millennium BCP, which holds 65.5% of its shares. Following the 1997 merger the name was changed to BIG Bank Gdański S.A. In 2003 it was re-branded to Bank Millennium - a year before BCP adapted it. Bank Millennium, together with its subsidiaries in Poland, provides specialized financial services such as leasing, brokerage, and mutual funds, which makes it one of the largest banking groups in Poland.
Poland
Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...
based commercial bank
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...
with headquarters in Warsaw
Warsaw
Warsaw is the capital and largest city of Poland. It is located on the Vistula River, roughly from the Baltic Sea and from the Carpathian Mountains. Its population in 2010 was estimated at 1,716,855 residents with a greater metropolitan area of 2,631,902 residents, making Warsaw the 10th most...
. The strategical investor of the bank is Banco Comercial Português
Banco Comercial Português
Banco Comercial Português , is a Portuguese bank that was founded in 1985 and is the largest private bank in the country. BCP is a member of the Euronext 100 stock index and its current chief executive officer is Carlos Santos Ferreira. BCP is based in Porto, but its operations are headquartered...
(BCP).
Anna Maria Jopek
Anna Maria Jopek
Anna Maria Jopek is a Polish musician and singer. She represented her country in the 1997 Eurovision Song Contest, with the song "Ale jestem" and finished 11th out of 25 participating acts; and in 2002, she collaborated on an album with jazz guitarist Pat Metheny...
, Hubert Urbański
Hubert Urbanski
Hubert Kirył Urbański is a Polish actor, journalist and presenter of TVN.Urbański studied at Warsaw XIX lyceum of Warsaw Insurgents , and then at the University of Warsaw, where he studied Hindi philosophy...
, Robert Górski, Łukasz Zagrobelny, Marek Kamiński
Marek Kaminski
Marek Kamiński – Polish Polar explorer, author, photographer, entrepreneur. The only person to reach both Poles in a single year without external assistance: on 23 May 1995 he and Wojciech Moskal reached the North Pole, and on 27 December 1995 he reached the South Pole alone.He was brought up in...
, Krzysztof Hołowczyc as well as bands Feel
Feel (band)
Feel is a Polish band which was formed in Katowice in 2005.Originally called 'Q2', the band later adopted 'Kupicha Band' as its name and then finally 'Feel'.The group released its debut album 'Feel' on November 26, 2007...
and Zakopower
Zakopower
Zakopower is a Polish Goral folk music group. It is named after Zakopane, the hometown of its lead singer.- Awards :* 2008 - Fryderyk award for Folk Album of the Year * 2008 - National Festival of Polish Song in Opole, Grand Prix- Discography :...
have advertised this bank.
History
Banco Comercial Português
Banco Comercial Português , is a Portuguese bank that was founded in 1985 and is the largest private bank in the country. BCP is a member of the Euronext 100 stock index and its current chief executive officer is Carlos Santos Ferreira. BCP is based in Porto, but its operations are headquartered...
network of branches in Poland
Poland
Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...
. Bank Millennium was founded as Bank Inicjatyw Gospodarczych S.A. in 1989 when the Polish free market
Free market
A free market is a competitive market where prices are determined by supply and demand. However, the term is also commonly used for markets in which economic intervention and regulation by the state is limited to tax collection, and enforcement of private ownership and contracts...
and democratic political transformations started. The bank was the first financial institution quoted on the Warsaw Stock Exchange
Warsaw Stock Exchange
The Warsaw Stock Exchange , , is a stock exchange located in Warsaw, Poland. It has a capitalization of € 220 bln .The WSE is a member of the World Federation of Exchanges and the Federation of European Securities Exchanges.-History:...
(1992) and gained its present scale through mergers with other banks (in 1992 - Łódzki Bank Rozwoju S.A. and 1997 - Bank Gdański S.A.), as well as organic growth supported by the new business model, which has been developed in co-operation with its owner - the Portuguese bank Millennium BCP, which holds 65.5% of its shares. Following the 1997 merger the name was changed to BIG Bank Gdański S.A. In 2003 it was re-branded to Bank Millennium - a year before BCP adapted it. Bank Millennium, together with its subsidiaries in Poland, provides specialized financial services such as leasing, brokerage, and mutual funds, which makes it one of the largest banking groups in Poland.