Bank Millennium wins international structured products award
Bank Millennium won in the Best Performance Poland category of this year’s edition of SRP European Awards 2021 – the most prestigious competition for the sector of structured products, organised by SRP Structured Retail Products.
– We are extremely pleased with the award specifically in the Best Performance category. It is particularly important for us because it reflects results on the basis of a strictly defined methodology and data on all structured products including i.a. full data regarding sales. The award is a result of excellent cooperation of the team preparing investment proposals with the teams dealing with products for retail customers and the sales network, whom I would like to thank very much for creating the best offering on the market – Marcin Serafin, Head of the Customer Transactions Sub-unit in Bank Millennium’s Treasury Department, said.
The team which has organised and managed the awards is also behind the StructuredRetailProducts.com (SRP) portal, a leading website for issuers and distributors of structured products as well as for investors. This is now already the third award in the SRP competition for Bank Millennium. In 2014 and 2015 the bank won in the Best Distributor in Poland category.
Structured products are among the most modern banking products available on the Polish financial market. They are an example of an efficient combination of the features of a classic bank deposit with the features of an investment in diverse financial instruments. The enable investing across all sectors and geographies worldwide – on markets for shares, bonds, raw materials, commodities as well as mutual funds. The provide access to investment instruments, markets and strategies, hitherto inaccessible for many investors, especially personal customers. The rich and diverse offering of Bank Millennium’s structured products involves a pre-defined level of capital protection and a known formula of payout, which depends upon maturity on the value of the underlying assets.
The terms of access to a particular structured product are formulated for each of them separately. This information, together with descriptions of risk involved with a particular product, are included in the product presentation as well as in relevant issuance documents or terms and conditions, which are available in Financial Centres of Bank Millennium S.A.
Bank Millennium S.A.
Last Updated on March 22, 2021 by Karolina Ampulska