Executive Summary

  • Major Mozambican financial group.
    With more than 500 thousand clients and with the market quota of about 40%, the Millennium bim has always taken the position of an innovative Bank in the ability to satisfy the needs of its customers, scoring, in several periods, the rate of development of banking sector in Mozambique.

     
  • In 2007 the net income attained 1.398,8 millions meticais.
    During 2007, the net income of Millennium bim reached 1.398,8 millions of Meticais, registering a growth of 36.4% compared to the previous year. The Active total reached 28.942,2 millions of Meticais, showing up a growth of 19.8% compared to the previous year. The Credit over Clients increased 18.9% to 12.503,5 millions of Meticais. .

     
  • Distinguished as “Bank of the Year”, by The Banker magazine.
    In 2004, 2005 and 2006, consecutively, the Millennium bim was distinguished by the renowned The Banker, publishing of the Financial Times Group, as the “Bank of the Year”. The selection of the magazine awards the excellence among the institutions that lead Commercial Banks worldwide, representing the recognition of the international finance community.

     
  • The major Bank Network in Mozambique.
    In order to improve the customer service for its more than 500 thousand clients, the Millennium bim has about 86 branches throughout the country.