BANCA MILLENNIUM S.A.

Business Focus

universal banking

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.

Ways to Bank

BANCA MILLENNIUM S.A. delivered its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of BANCA MILLENNIUM S.A.
Net_income of BANCA MILLENNIUM S.A.
Total Assets (2014)
2,322.19 mln RON  (-57.43%)
Net Income (2014)
-107,095,507.00 RON

In 2014 total assets of BANCA MILLENNIUM S.A. were 2 322,19 mln RON. In 2014 the bank's net income was -107,10 mln RON.

Deposit Guarantee

Guarantee Fund
Bank Deposit Guarantee Fund (FGDB)Bank Deposit Guarantee Fund (FGDB)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons
legal entities
Covered Accounts
any credit balance

BANCA MILLENNIUM S.A. participates in the deposit guarantee scheme of Romania. This deposit guarantee scheme 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.

Contacts

Piata Presei Libere nr.3-5, cladirea City Gate, Turnul Sudic, parter, et.13-17, sector 1, 013702, Bucharest, Romania

BANCA MILLENNIUM S.A. was headquartered in Bucharest.

Bank Identifiers

BIC (SWIFT)
MILBROBU
Company Number
21087140
MFI ID
RORBPJR40057

Bank Supervision

Supervised By
National Bank of Romania

BANCA MILLENNIUM S.A. was authorized and supervised by the National Bank of Romania.

Bank History

Close Date
November 2015

See Also

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