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Adaugat in data de 07-11-2011

6% annual interest rate euro deposit and international investment funds for Millennium Bank’s Prestige clients

6% annual interest rate euro deposit and international investment funds for Millennium Bank’s Prestige clients Millennium Bank extends its affluent clients offer, with a new saving and investment instrument, Prestige Dual Package, made of a special interest rate euro deposit and international investment funds in euro. Half of the amount invested through the package will be placed in a three-month euro deposit with a very advantageous fixed interest rate, of 6% per year, and the other 50% of the amount will be placed in up to seven different ING Investment Management Luxembourg domiciled funds denominated in euro.

“The new package addresses affluent clients who are interested in diversified investment solutions in euro that combine the safety of a term deposit with the potentially high yields of the investment funds. Besides granting access to world leading investment management capabilities, Prestige Dual Package differentiates itself via enhanced diversification of asset classes, which can turn this product into a key component of any savings and investment portfolio”, Eliza Erhan, Head of Retail Product Development with Millennium Bank, stated.

Prestige Dual Package allows clients to withdraw their money from the fund at any time, with no penalty fee, and it requires a minimum investment amount of 4,000 euros.

Launched at the beginning of 2011, Millennium Bank’s Prestige business line addresses clients with disposable assets of at least 20,000 euros or monthly income above 1,400 euro, through dedicated financial products and services, as well as a dedicated distribution network and relationship managers. The bank’s Prestige clients have access to both international funds, managed by ING Investment Management, and local funds, managed by Pioneer Asset Management. The bank also developed a complex health insurance program, in partnership with EUREKO Insurance Company, designed exclusively for Prestige clients, which offers a wide range of top medical services via 250 partner clinics and private hospitals across the country.

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 September 2011, total assets of EUR 97 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 21,000 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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