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Bank Millennium SA was established in 1989 as Bank Inicjatyw Gospodarczych BIG SA. Initially, 98% of shares in it were owned by Warta, Poczta Polska , PZU , Universal and Transakcja foreign trade headquarters ( KC PZPR and ZSMP ), and 2% were held by natural persons. [ 2 ]
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Name SWIFT code Majority owner Capital Website Millennium Bank Hipoteczny S.A. Bank Millennium S.A. millenniumbh.pl: Pekao Bank Hipoteczny S.A. HYVEPLP2
Marfin Bank (merged with Egnatia Bank to form Marfin Egnatia Bank) Marfin Egnatia Bank (Merged with the Cyprus Popular Bank to form Marfin Popular Bank, later renamed CPB Bank) Millennium Bank (bought by Piraeus Bank) New Proton Bank (merged into Eurobank in 2013) [6]
mBank in Prague, Czech Republic BRE Bank in Bydgoszcz, 2013. The bank was founded in 1986 as Bank Rozwoju Eksportu (Export Development Bank), a joint-stock company. Three years later BRE Bank was granted credit lines from the World Bank and IFC and became a member of SWIFT. [6] In 1990, BRE Bank was privatised through public offering. [7]
On November 5, 2018, Bank Millennium and Société Générale signed a contract for the purchase of Euro Bank by Bank Millennium. [3] The subject of the transaction is the acquisition by Bank Millennium of approximately 99.79% of shares in Euro Bank for a reference price of PLN 1,833 million. [ 4 ]
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 and 1997), 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 51% of ...