Portugal's Millennium bcp CEO says earnings are best since 2007

in News · 25-02-2020 14:00:00 · 0 Comments

Portugal’s largest listed lender, Millennium bcp, has posted what its CEO called “the bank’s best results in 12 years

There was a steep 12.4% rise in 2019 pre-tax profit as its net interest income rose almost 9% and it gained more clients.

The bank also slashed its exposure to bad loans and other non-performing assets by a quarter to 4.2 billion euros.


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