

Millennium bim Governance
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BCP África SGPS, Lda. (66,6855%)
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BCP África SGPS, Lda. (66,6855%) |
Mozambican State (17,1217%)
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Mozambican State (17,1217%) |
INSS - National Institute of Social Security(4,9507%)
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INSS - National Institute of Social Security(4,9507%) |
EMOSE - Mozambican Insurance Company, S.A. (4,1474%)
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EMOSE - Mozambican Insurance Company, S.A. (4,1474%) |
FDC - Community Development Foundation (1,0841%)
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FDC - Community Development Foundation (1,0841%) |
Managers, Technicians and Employees (6,0107%)
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Managers, Technicians and Employees (6,0107%) |
As a result, the Bank will continue to adopt practices that will ensure:
• Transparency in governance practices and decision-making processes;
• Oversight and independent monitoring of its implementation;
• The effective and informed participation of shareholders in the company’s life.
This model is reflected in the following set of governing bodies, structures and managers:
• Millennium bim's Board of Directors;
• Millennium Seguros Board of Directors;
• Compliance Office (COFF).

With about 1.8 million Customers, Millennium bim is a market leader, positioning itself as an innovative Bank that meets the needs of its Customers, marking the pace of development of the financial sector throughout its 25 years of history in Mozambique.
Millennium bim stated a consolidated net income of 6,928 million Meticais, against 7,490 million Meticais in 2021, representing a decrease of 7.5%. The preceding year was impacted by the earnings from the sale of 70% shareholding in Seguradora Internacional de Moçambique. Apart from this impact, the result rises 2.9% in 2022, driven by the favourable trend in most business lines.
Conscious of its role in the society, Millennium bim was the first financial institution to create a structured program of corporate social responsibility, developing activities and permanently evolving, supporting essentially areas where the country needs most social support, particularly in the Education, Culture, Youth, Sports and Health sectors.
Over the last 15 years, Millennium bim has received more than 80 awards by several national and international institutions, among which we highlight:
- Best Bank of the Year in Mozambique (The Banker magazine);
- Best Bank in Mozambique (Global Finance magazine);
- Best Bank of the Year in Mozambique (EMEA Finance magazine);
- Best Bank in Mozambique (Euromoney magazine);
- Best Banking Group in Mozambique (World Finance magazine);
- Best Local Bank in Trade Finance in Mozambique (EMEA - GTR);
- Best Bank in Trade Finance in Mozambique (Global Finance magazine);
- Best Website for Private Customers in Mozambique (Global Finance);
- Best Mobile Banking Application (Global Banking and Finance Review).
For a better service to its approximately 1.8 million Customers, Millennium bim is present throughout the country with a network of ATMs, POS, Agents and Branches prepared to serve its Customers in several segments, relying on the dedication and professionalism of its more than 2,600 Employees.