The Bank Millennium Group achieves its economic goals striving to balance the needs of the key Shareholders, in accordance with its medium-term growth strategy, taking into account the principles declared in the Code of Ethics.
G4-DMA EC1, G4-DMA EC6
Highlights of the Bank Millennium Group business performance (in millions of PLN) | 2015 | 2014 | 2013 | 2012 |
Operating income | 2 239.2 | 2,308.4 | 2,080.1 | 2,008.2 |
Operating expenses | 1550.3 | 1,469.7 | 1,397.4 | 1,414.4 |
Net sales | 1961.4 | 2,065.8 | 1,808.8 | 1,707.2 |
Payroll expenses | 547 | 547 | 547 | 558.3 |
Income tax | 141 | 187.5 | 144.8 | 123.8 |
Loans and advances to customers (gross) | 46 369.4 | 44,142.7 | 41,765.7 | 40,232.2 |
Customer funds | 59 894 | 54,353 | 51,872 | 46,792 |
Share in the loan market* | 4.7% | 4.7% | 4.8% | 6.4% |
Share in the deposits market* | 5.2% | 5.1% | 5.3% | 5.3% |
Equity | 6 443 | 5,765 | 5,363 | 4,824 |
Capital adequacy ratio | 16.7% | 15.2% | 14.5% | 14.5% |
Net profit | 546.5 | 650.9 | 535.8 | 472.2 |
Distribution of profit | ||||
Dividend | 0** | 0 | 50% | 0 |
Reserve capital | 100%** | 100% | 50% | 100% |
*share in the Polish banking market
**The Managment Board of the Bank will submit to the Annual General Shareholders Meeting a proposal to retain 100% of the profit of 2015 in equity.
Detailed information and financial data pertaining to the activity of the Bank Millennium Group are available in the 2015 Annual Report of Bank Millennium available on the Bank's website.
G4-EC1