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Adaugat in data de 08-02-2011

Millennium Bank launches Prestige, new business line for affluent clients

Millennium Bank launches Prestige, new business line for affluent clients Millennium Bank launches Prestige, a new business line for affluent clients, with dedicated financial products and services, as well as dedicated distribution network and relationship managers. Affluent clients can now benefit from an offer tailored according to their financial needs.

Prestige represents a comprehensive service model based on wealth management, individual client approach, financial planning and counselling. Millennium Bank’s Prestige product offer includes transactional, saving, lending and insurance products, as well as investment products tailored to match the specific needs of this client segment.

“The launch of Prestige business line is part of the bank’s strategy to constantly strengthen its position on the local market. We now enter the competition for a client segment with great potential, providing a flexible, customer-tailored service - one of the main market differentiators for Millennium Bank”, Nuno Alves, Executive Director with Millennium Bank, stated. “Millennium bcp group provides this kind of service in all its geographies and we thus benefit from an extensive know-how on this business segment”, Nuno Alves added.

By the launch of Prestige business line, Millennium Bank Romania also enters the market of global funds distribution. The partnership with ING Investment Management, a world leading asset management company, enables the bank to distribute 15 Luxembourg domiciled funds, which have been carefully selected so as to cover the major asset classes (equity, fixed income), different investment styles and regions (Europe, North America, Latin America and Asia).
Prestige clients can also invest in local mutual funds managed by Pioneer Asset Management.

Additionally, Millennium Bank developed a complex health insurance program, in partnership with EUREKO Insurance Company, designed exclusively for Prestige clients. The program offers a wide range of top medical services via 250 partner clinics and private hospitals across the country.

Prestige offer is available in 12 Millennium Bank branches located in eight of the country’s largest cities: Bucharest, Brasov, Cluj, Constanta, Iasi, Oradea, Ploiesti and Timisoara.

Millennium Bank, part of the leading financial private group in Portugal, Millennium bcp, started its activity on the Romanian market on October 11, 2007, by simultaneously opening 39 branches in Bucharest and in other eight cities of the country. Now, Millennium bank has 74 units throughout Romania, addressing individuals and companies, with an extensive range of products.

Millennium bcp is a success story in European banking. Founded in 1985, Millennium bcp registered, at the end of December 2010, total assets of more than EUR 100 billion. Millennium is Portugal's leading private financial group and is included in key national and international stock market indices, in particular the Euronext PSI Financial Services, PSI-20, DJ Eurostoxx banks, Bebanks and Euronext 100, of the Lisbon, Paris, Brussels and Amsterdam Stock Exchanges.

Millennium bcp has a network of more than 1,700 units and a total of above 21,000 employees. Millennium bcp provides a wide range of products and services, namely savings, investment, mortgage loans, consumer credit, commercial banking, leasing, factoring, insurance, investment banking, private banking and asset management, serving its customers on a segmented basis.

Emphasis is given to the Internet Banking service, which has been distinguished in Europe for its quality and innovation. Since its incorporation, Millennium bcp has been renowned for its dynamism, innovation, competitiveness, profitability and financial strength. It has made its mark as the top leader in several financial business areas on the domestic market and as reference in the distribution of financial products and services on an international level. Millennium bcp operates in Portugal, Poland, Greece, Romania, Switzerland, Mozambique, Angola, France and Luxembourg. All operations are carried out under the Millennium brand.

Millennium bcp's focus is on the creation of value in markets selected on the basis of a controlled risk profile and high growth potential, to sustain its internationally-recognized service excellence and innovation in financial products..


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