Millennium bim was highlighted as one of the best financial institutions in Africa, and was recognized as the best bank for its performance in the Mozambican banking sector.
The excellence of service, capacity for innovation and financial robustness were determining factors for Millennium bim to win the prize "Best Bank of Mozambique 2022" awarded annually by the magazine Global Finance, considered an international reference in terms of financial market information and analysis of the banking sector.
The award's jury is made up of its international editors, who base their assessment on a panel of financial analysts, consultants and top managers from the banking sector. The evaluation criteria for the award are based on indicators of asset growth, profitability, geographical coverage, strategic relationships, new business development, innovation capacity, and introduction of new products and services. The award ceremony will be held in October in Washington DC during the annual meeting of the IMF and World Bank.
"With the financial world in a state of turmoil due to the Russian invasion of Ukraine, business leaders face a new set of challenges when it comes to choosing banking partners." Said Joseph D. Giarraputo, Editorial Director of Global Finance, who added, "in the wake of the enormous difficulties caused by the pandemic, these changes require greater attention to global business relationships. Our awards support decision makers in selecting the best financial partners."
This award demonstrates, once again, international public recognition that rewards the work developed and the investment in a customer-oriented strategy.
For José Reino da Costa, President of the Executive Committee of Millennium bim, "This prize is a reflection of the activity that Millennium bim has been performing in the Mozambican market and reinforces the Bank's commitment and responsibility in the economic and financial development of Mozambique. On the other hand, this prize shows the high performance of all our Employees, who tirelessly seek new solutions to meet the needs and satisfaction of our Customers and Partners.