Millenium Bank Romania assets soar 150 percent in H1

The company’s total income amounted to €9.6 million, while operating profit was €5 million.

The total volume of loans rose 261 percent, up to €133 million, of which €50 million were individual loans and the remaining €83 million corporate loans.

“Millenium Bank results are above our initial estimates. We keep on outrunning our goals and the forecast of financial analysts, which encourages our commitment to the local market and Millennium Bank’s investments in Romania in the coming years,” said the lender’s President, Jose Toscano. (NewsIn)