Created by Anna Mileiko 
Banca Millennium (Romania) was a member of Millennium Group (Portugal) and was operating as a universal bank offering retail, private, business banking products and services to domestic customers. On January 8, 2015 OTP Bank Romania, member of OTP Group, announced that the 100% acquisition of Millennium Bank Romania shares had been concluded, following the payment of EUR 39 million. Legal merger between OTP Bank Romania and Millennium Bank Romania was completed in November 2015.
In 2014, BANCA MILLENNIUM S.A. achieved the position of 23rd largest bank in Romania with a market share of 0.70%; its total assets dropped by 57.43%.
Additionally, the bank became the 3rd profitable bank in relation to its total assets showcasing -2.75% return on assets in 2014.
Deposits up to 100,000 EUR are covered by Romanian deposit guarantee scheme in BANCA MILLENNIUM S.A.
branch
online banking
BANCA MILLENNIUM S.A. was the 23rd largest bank in Romania in terms of total assets. In 2014 its total assets were 2 322,19 mln RON, providing the bank with the market share of 0.70%. In 2014 the bank's net income was -107,10 mln RON.
Bank Deposit Guarantee Fund (FGDB)BANCA MILLENNIUM S.A. participates in the deposit guarantee scheme of Romania which applies to any credit balance made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. BANCA MILLENNIUM S.A. is a member of Bank Deposit Guarantee Fund (FGDB) and makes its contributions into it.
Piata Presei Libere nr.3-5, cladirea City Gate, Turnul Sudic, parter, et.13-17, sector 1, 013702, Bucharest, RomaniaBANCA MILLENNIUM S.A. was headquartered in Bucharest.
BANCA MILLENNIUM S.A. was authorized and supervised by the National Bank of Romania.
