page_title: Bank Millennium
section_title: History
hierarchical_section_title: Bank Millennium / History
caption_attribution_description: Polski: Bank Millennium, Centrum Finansowe w Katowicach, ul. Stawowa 13
context_page_description: Bank Millennium S.A. is a Poland based commercial bank, with headquarters in Warsaw and owned by the Portuguese bank Millennium BCP. It is one of the largest banks in Poland and has been operating for 28 years.
context_section_description: Bank Millennium SA was established in 1989 as Bank Inicjatyw Gospodarczych BIG SA. In 1992 the Bank’s shares—the first shares of a financial institution—debuted on the Warsaw Stock Exchange. In 1997 the Bank merged with Bank Gdański SA (1997). A year later in cooperation with its Portuguese shareholder and partner Banco Comercial Portugues (BCP), the Bank launched the Millennium retail service network. Today BCP holds 50.1% shares of Bank Millennium. 
  May 31, 2019 Bank Millennium S.A. took over Euro Bank as a result of acquiring about 99.79% of the shares that he bought from Société Générale. On September 10, 2019, the Polish Financial Supervision Authority (KNF) granted permission to merge banks. On October 1, 2019, there was a legal merger and Bank Millennium and Euro Bank became one bank.
caption: Financial Center in Katowice, Stawowa 13 Street
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