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
A specific EU budget line for the new EU stabilisation mechanism should be created as soon as possible, to ensure its credibility, Council, Commission and Parliament negotiators agreed at a three-way meeting on Wednesday.
more »
New EU rule will help phone-users avoid astronomical bills for web-surfing and downloads abroad.
more »
The Communication approved today by the Commission builds on the principles presented on 12 May to reinforce the economic governance in the European Union.
more »
Eurostat report just published shows that the crisis has brought some lower taxes.
more »
New legislation is needed to ensure fair returns to farmers and transparent prices to consumers, by enforcing fair competition throughout the food supply chain, said Agriculture Committee MEPs on Monday.
more »
Fish imports play a crucial role in supplying the European market, yet fisheries and aquaculture are strategic sectors that do not lend themselves to a purely free-trade approach, believes the EP Fisheries Committee.
more »
I will support every proposal that strengthens cooperation among the European Union's Member States and serves Lithuania's interests," President of the Republic of Lithuania Dalia Grybauskaitė said at the meeting with EU Member States' ambassadors resident in Lithuania.
more »
The fourth World Lithuanian Economic Forum “High tech innovation & investment: local to global” will start in London on 22 June.
more »
Lithuania aims for the five Nordic countries and three Baltic States to become single community of values, which would be linked by a versatile quality of democracy, security and everyday life.
more »
MEPs decided on Wednesday to create a special committee to prepare for the EU's next long-term budgetary framework.
more »