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Bank Millennium SAMillennium lender estimates FX loans' legal risk provision at PLN 411 mln in Q1 2025
Listed lender Bank Millennium estimates the provision for legal risk related to foreign currency mortgage loans in the first quarter of 2025 at PLN 411 million (EUR 95.9 mln), the bank said in a market filing.
In addition, the value of legal risk provisions related to the portfolio of foreign currency loans granted by the former Euro Bank anticipated to be created [but with no impact on the financial result], is estimated at PLN 34 million (EUR 7.9 million).
The final value of the first quarter 2025 legal risk provisions and the financial results will be published in the first quarter 2025 financial report, scheduled for publication on May 12.
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