Moodys Investors Service - Bank Millennium SA (MIL) Bank Millennium S.A.: Update following ratings affirmation, outlook changed to positive

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Moody's Investors Service

EUR 238.58 For Business Accounts Only

Bank Millennium S.A.: Update following ratings affirmation, outlook changed to positive

Our credit view of this issuer reflects its good funding profile and liquidity buffers, offset by its higher allocation to consumer loans.

22/05/2024 1 EN

Underlying

Bank Millennium SA

Bank Millennium provides various banking products and services to individual clients, small businesses, corporate, and public sector entities in Poland. Co. offers current account, custody account, and escrow account; standard deposits, negotiated deposits, millenet deposits, and automatic overnight deposits; debit and charge cards; funds management; professional cash services; and management of balances of current and auxiliary accounts. Co. also provides current account overdraft facility, real estate loans, revolving credits, working capital loans, investment loans, energy financing facility, sureties, line of guarantees, letters-of-credit, preferential loans, and bid bond guarantees.

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PLBIG0000016 Warsaw Stock Exchange Poland

Provider

Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations

Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.

Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.

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Bank Millennium S.A.: Update following ratings affirmation, outlook changed to positive

The Rear-View Mirror – EME markets: only the Czech Republic in the black in October

WOOD Daily: MIL PW; SPL PW; OMV AV; SNP RO; BDX PW; EUR PW

WOOD Flash – Bank Millennium: ambitious, but achievable, 2025-28E strategy implies a return to growth and more of a focus on the corporate segment

Moody's Ratings downgrades Hanwha TotalEnergies Petrochemical to Baa2; outlook remains negative (Korean)

Moody's Ratings downgrades Hanwha TotalEnergies Petrochemical to Baa2; outlook remains negative

Moody's Ratings revises SoftBank Group's outlook to positive from stable, affirms Ba3 corporate family rating (Japanese)

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