BIM Banco Internacional de Moçambique (Millennium bim)

0 standards supported

Key details

Parent: assets

Overview

BIM Banco Internacional de Moçambique (Millennium bim) is Mozambican commercial bank + Banco Comercial Português BCP Portuguese parent ENXTLS: BCP ~66.7% controlling + Mozambique's largest commercial bank by assets ^{1, Mozambique report}.

History

1995 — Banco Internacional de Moçambique BIM founded as Mozambican commercial bank.

2006 — BCP Portuguese parent acquires controlling stake + rebrand as Millennium bim.

2015 — Millennium bim mobile banking app launch.

Ownership & operator

Operating entity: BIM Banco Internacional de Moçambique Millennium bim (Mozambican commercial bank; BCP Portuguese parent ~66.7% controlling).

Major shareholders: Banco Comercial Português BCP (ENXTLS: BCP; Portuguese banking group) ~66.7% controlling + INSS Mozambican social security + Mozambican retail + institutional investors.

Regulators: Banco de Moçambique.

Technical integration

Millennium bim mobile app (iOS + Android) + millenniumbim.co.mz online + Millennium bim branch network across Mozambique + Millennium bim Visa + Mastercard cards; MZ IBAN + SIMO (Sociedade Interbancária de Moçambique; Mozambican national interbank switch).

Implementations & partners

BCP parent: Millennium bcp (Banco Comercial Português) (Millennium BCP Portugal; ENXTLS: BCP; Portuguese banking group).

Major Mozambican banking + payments competitors: Standard Bank Mozambique (Standard Bank Mozambique; Standard Bank Group South African parent subsidiary) + BCI (BCI Banco Comercial e de Investimentos Mozambique; CGD Portuguese state bank + BPI Portuguese bank parent) + Absa Mozambique (Absa Mozambique; Absa Group South African parent subsidiary; formerly Barclays Mozambique pre-2018) + M-Pesa (M-Pesa Mozambique; Vodacom Mozambique mobile money) + mKesh (mKesh; mCel Mozambican mobile money).

Regulator: Banco de Moçambique.

Status

Active, Mozambican commercial bank + BCP Portuguese parent ENXTLS:BCP ~66.7% controlling + Mozambique's largest commercial bank by assets ^{1, 2}.

Sources

1 Millennium bim — official
2 Millennium bim — Wikipedia
^{Mozambique report} In-corpus: reports/countries/MZ-mozambique.md

Source

Biography extracted from bim-mozambique.md. See matrix.md for standards-support matrix if present.