Millennium Bank brandishes blueprint for better business
Published:
6 June 2004 y., Sunday
Millennium Bank's development plan for this year was presented at yesterday's general shareholders meeting.
In an attempt to increase retail sales, the plan envisages implementing a cross selling strategy that would result in its BEL leasing company also offering clients products from Millennium's banking portfolio as well as insurance services from PZU, of which Millennium is a stakeholder. The bank also plans to diversify its risks in the corporate baking sector and introduce new products for small- and medium-sized enterprises that would help them obtain new sources of finance. In order for this strategy to come into fruition, the company has successfully attracted a number of new board members from some of its current competitors. Wiesław Kalinowski, formerly responsible for corporate banking at Bank Handlowy, will now be responsible for the same line of duties at Millennium, while Zbigniew Kudaś, former deputy president of GE Bank Mieszkaniowy, will head the development of Millennium's mortgage banking division.
Šaltinis:
wbj.pl
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has approved, under EC Treaty state aid rules, an Italian framework temporarily adapting certain existing risk-capital schemes to increase companies' financing possibilities during the current economic crisis.
more »
The European Commission has authorised, under EC Treaty state aid rules, a Maltese measure to help businesses to deal with the current economic crisis.
more »
We're making progress. That's the word from Treasury Secretary Tim Geithner about settling the financial markets.
more »
According to a new report released by NextGen Research, global markets for financial kiosks and enhanced ATMs will grow at a compound annual rate of 9 percent, to include more than 186,000 financial kiosks and nearly 2.5 million ATMs by 2013.
more »
Non-farming Latvians are buying pigs to beat the economic crisis.
more »
Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously.
more »
In the construction sector, seasonally adjusted production1 decreased by 1.0% in the euro area2 (EA16) and by 2.1% in the EU272 in March 2009.
more »
Between 2000 and 2008, EU27 trade in goods with Russia more than tripled in value, with EU27 exports to Russia rising to 105 bn euro in 2008 from 23 bn in 2000.
more »
The European Commission has launched today a call for proposals covering key energy infrastructure projects such as energy interconnections, offshore wind energy and carbon capture and storage as part of the implementation of the EEPR.
more »
During its plenary session on 13 May 2009, the European Economic and Social Committee adopted a key opinion on responding to the crisis in the European automotive industry.
more »