BCP's statement fails to quell rumors that it will exit BM
It has been rumored for quite a long time already that Bank Millennium (former BIG-BG) would be taken over by another entity, the main reason being its poor financial results, which in 2003 and 2004 were far below the results of other banks. BCP started to invest in Millennium in 1996 and took control over the bank in 2000, after a hard battle with Deutsche Bank. According to analysts, the president's declarations still do not exclude the possibility that BCP will exit the bank. (Parkiet, p. 4) A.F.