Brief: Bank Millennium Sees Q2 FX Mortgage Loan Legal Risk Provisions At 509 Mln Zlotys

Banco Comercial Portugues SA

08/07/2025 06:59

Adds Refinitiv Instrument Code (RIC) for Banco Comercial Portugues for wider distribution

July 8 (Reuters) - Bank Millennium SA MILP.WA:

SAID ON MONDAY THAT IT ESTIMATES Q2 PROVISIONS FOR LEGAL RISK RELATED TO FOREIGN CURRENCY MORTGAGE LOANS AT 509 MILLION ZLOTYS

DESPITE HIGHER LEVEL OF LEGAL RISK PROVISIONS COMPARED TO THE PREVIOUS QUARTER, COMBINATION OF FINANCIAL RESULTS FROM OPERATIONS AND OTHER ELEMENTS INDICATES LEVEL OF NET PROFIT FOR THE BANK/GROUP THAT EXCEEDS VALUE REPORTED IN THE PREVIOUS QUARTER, ASSUMING NO EXTRAORDINARY EVENTS UNTIL PUBLICATION DATE

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 (Gdansk Newsroom)

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