A logo of Millennium bank, Polish unit of Portugal's Millennium BCP, is pictured on the flag in front of the bank headquarters in Warsaw, Poland April 28, 2016.
REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsGDANSK, Oct 27 (Reuters) - Poland's Bank Millennium (MILP.WA) aims to conclude 1,000 settlements every quarter with customers regarding Swiss franc loans, Chief Executive Joao Bras Jorge said on Friday.
Last year the Polish government introduced a so-called credit vacation to help borrowers deal with higher interest rates in Poland.
Bank Millennium, majority owned by Portugal's Millennium bcp (BCP.LS), said it will not propose a dividend for 2023.
Bank Millennium posted a third quarter net profit of 103 million zlotys ($24.40 million), reversing a 1 billion zloty loss a year earlier.
Persons:
Kacper, Joao Bras Jorge, Jorge, Fernando Bicho, Bicho, Marta Maciag, Adrianna Ebert, Anna Banacka, Susan Fenton
Organizations:
REUTERS, Swiss, Bank, Portugal's, Thomson
Locations:
Warsaw, Poland, GDANSK, Switzerland