The initiative was disclosed in the "Business Days promoted by Millennium bim" in the city of Beira, where the bank debated the challenges and opportunities for the business class

The first edition of the "Millennium bim Business Days" brought together about 200 businessmen at the Sena Hotel in the city of Beira, Sofala Province, with the aim of sharing experiences and finding solutions to the challenges facing the development of Small, Medium and Large Enterprises in that province, in an effort in which the bank emphasizes its commitment as a reference financial institution in supporting enterprises in Mozambique.

The forum, which was marked by a frank, wide dialogue with the entrepreneurs, took place in a hybrid format and counted on a rich panel, composed of the main players of the market, where successful experiences and local opportunities were shared.

In the event, Millennium bim expressed its will to continue supporting the sustainable development of companies, through its innovative solutions and services, and announced the availability of more than 30 billion meticais to support the economy, due to the high liquidity and robustness of its balance sheet.

On the occasion, the President of the Bank's Executive Committee, José Reino da Costa, emphasized that "we witnessed a very frank and open debate in which it was possible to identify the various challenges that are imposed on us, however, some solutions were also reached with much pragmatism, always aiming at the full realization and development of the potential of the Sofala province region".

Reino da Costa also stated that "if we observe Mozambique's financial statistical system, what we see is that the banks have become more prudent in recent years, and this translates into less lending, since the risks are greater and the banks, in order to protect their clients' money, become more cautious.

However, we, as Millennium bim, as there are promising projects properly conceived, reiterate our commitment to continue supporting the economic development of the country", he concluded.