Millennium Bank offers term deposits with monthly interest payment Millennium Bank clients who want to save on long term can now benefit from the new “12 winning months” deposit, which provides monthly payment of the interest. The gains from the interest rate are transferred automatically by the bank in the current account indicated by the client. The deposit is available in lei, with a 12 month maturity, and can be created with a minimum amount of 1,000 lei. The fixed annual interest rate is 6.25% for deposits created via Internet Banking or 6% for those opened in branches or through Call Center, for amounts larger than 20,000 lei. The amounts of up to 20,000 lei benefit from an interest rate of 6% for deposits created via Internet Banking, or 5.75% for those opened in branches or through Call Center. The deposit opening and administration are free. “Our strategy is to become a consistent saving partner for our clients by providing a diversified portfolio, that matches their needs. In line with this strategy, we are broadening our product offer this year. The «12 winning months» deposit is a first step in this direction. This long term saving instrument was created for clients who want to have a steady monthly income, while putting money aside”, Eliza Erhan, Head of Retail Product Development with Millennium Bank Romania, stated. Millennium Bank’s saving portfolio includes classic term deposits with fixed interest rate, Ascendent Deposit with progressive interest rate that reaches 10% per year for the sixth month, saving accounts, as well as Dual Package, a saving and investment instrument, made of a three-month lei deposit with 10% annual interest rate and an investment fund with moderate risk. 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. The bank addresses both individuals and companies, through an extensive range of products. Millennium bcp is a success story in European banking. Founded in 1985, Millennium bcp registered, at the end of March 2012, total assets of EUR 92 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 group has a network of more than 1,700 units and a total of above 21,500 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, Macao, 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.