Millennium Bank offers cash prizes to clients who open salary accounts

Autor:

Bancherul.ro
2013-01-07 12:49

Millennium Bank launched a promotion that offers those who open salary accounts cash prizes totaling more than 1.8 million.rnrnSpecifically, each customer is paid 125 to 500 RON, depending on the salary level, as follows: those with salaries below RON 1,000 will receive a lump sum of 125 lei, those with salaries between 1,000 and less than RON 3,000 will receive a lump sum amounting to 250 lei and those with monthly salaries greater than or equal to RON 3,000 will receive a fixed amount of 500 lei.rnrnBank imposes a number of conditions for the awards:rnrn- The prize will be available only at the end of a period of 6 months from the date of the purchase of an account salary package;rn- Customers must collect monthly salary in the bank account for a minimum of 4 months of the 6 months of package purchasern- Customers must activate and use banking products that are part of the salary package accountrnrnBank release: rnrnMillennium Bank’s new Salary account clients receive up to 500 lei bonusrnrnBucharest, January 7, 2013. Millennium Bank’s new individual clients who open a Salary account until the end of March 2013 receive a bonus of up to 500 lei. The promotional campaign rewards exclusively new customers who decide to bring their salary to the bank with a bonus paid at account opening, whose amount depends on the income level.rnrnMillennium Bank’s Salary account package includes, among other benefits, zero account administration fee, zero administration fee for Internet Banking and for the dedicated Call Center line and zero administration fee, during the first year, for the debit card. All the cash withdrawals from Millennium Bank ATMs are free of charge, as well as two monthly withdrawals from other banks’ ATMs.rnrnIn addition, through the cashback feature, the debit card attached to the Salary account returns clients up to 100 lei monthly from the amounts used for purchases at supermarkets and gas stations all over the country. Clients receive the bonus over the following month directly to their Salary account and can use it however they wish.rnrnAlso, the bank does not charge any fee for payments of up to 200 lei made through the Internet Banking service, thus allowing clients to manage in a convenient way their monthly income and pay their bills.rnThe new Salary account promotional offer will be available in all Millennium Bank branches until March 31, 2013. The campaign official regulation is available on www.millenniumbank.ro.

Comentarii

Adauga un comentariu

(nu se afiseaza pe site)
Turing Number

Alte stiri din categoria: ENGLISH

Neutral interest rate in Romania

The neutral nominal rate in Romania has been falling since the start of inflation targeting in 2005. The Taylor Rule clearly shows that interest rates peaked in 2022 and have been on a clear downward path ever since.Furthermore, the model estimates a long-term neutral nominal rate of around 3.9%, which is the equivalent of approx. 1.4% real.Using a more sophisticated model (i.e. New York FED’S HLW model), the real neutral interest rate in Romania is estimated currently at around 1.5% (1.7% 2023 average) and the historical mean at 1.2%.This implies a neutral nominal rate between 4.00% and 4.50%. In the past decade, the NBR real effective rate was below the neutral rate and only over the past year climbed above the neutral mark.Source: Erste Bank

Merger of Alpha Bank and UniCredit Bank Romania

Press Release:"Alpha Services and Holdings announces a strategic partnership with UniCredit in RomaniaMerger of Alpha Bank Romania and UniCredit Bank Romania and creation of third largest bank in Romania by... detalii

National Bank of Romania (NBR) Board decisions on monetary policy

NBR Board decisions on monetary policyIn its meeting of 4 April 2023, the Board of the National Bank of Romania decided:• to keep the monetary policy rate at 7.00 percent per annum;• to leave unchanged the lending (Lombard) facility rate at 8.00 percent per annum and the deposit facility rate at 6.00 percent per annum;• to keep the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions.The annual inflation rate went down to 15.52 percent in February 2023, from 16.37 percent in December 2022, relatively in line with forecasts. The decrease was mainly driven by the sizeable drop in the dynamics of fuel and electricity prices, under the impact of significant base effects and the change made to the energy price capping and compensation scheme starting 1... detalii

ING posts 2022 net result of €3,674 million, dividend of €0.389 per share

ING press release:ING posts FY2022 net result of €3,674 million,proposed final 2022 dividend of €0.389 per share 4Q2022 profit before tax of €1,711 million; CET1 ratio remains strong at 14.5%•Profit before tax up 29% on 4Q2021 and 24% on 3Q2022, mainly driven by higher income•Higher net interest income, as a further increase in liability margins helped offset TLTRO impact this quarter•Risk costs declined to 17 bps of average customer lending Full-year 2022 net result of €3,674 million, supported by growing customer base and increase in lending and deposits•On a full-year basis, our primary customer base grew by 585,000•Net core lending growth of €18 billion and net core deposits growth of €25 billion in 2022•Net result of €3,674 million in a challenging year; proposed final 2022 dividend of €0.389 per share CEO statement“Looking back, 2022 was... detalii