Millennium bim was honored, for the 15th time, with the "Bank of the Year Mozambique 2022" Award, given by the renowned international magazine 'The Banker' of the Financial Times Group. With this distinction, the Bank consolidates its position as the most awarded financial institution in the country.

This award is given on the basis of a very careful analysis that takes into account management indicators, innovation in the creation and promotion of new products and services and business strategy.

The strength of the Bank's balance sheet, the quality of its results, as well as its ability to innovate with very significant growth in digital services, were the reasons behind the award. The judges also highlighted the Bank's important contribution through its social responsibility program.

The Banker magazine awards are a benchmark in international banking and once again demonstrate Millennium bim's ability to respond to the challenges of the economy, promoting innovation and the development of the Mozambican financial system.

For the Chairman of Millennium bim's Executive Committee, José Reino da Costa, "This international recognition reflects the work done by all the Bank's employees in implementing a strategy geared towards private and corporate customers, with a strong investment in proximity and the development of new product and service solutions that are relevant to our customers. On the other hand, it reinforces our commitment to Mozambique, as an active agent in the country's economic and financial development."

This recognition reaffirms Millennium bim's position as the most awarded bank in Mozambique, with eight international nominations in 2022 alone, awarded by Euromoney, The Banker and Global Finance.

The Bank's aim is to continue providing quality service to its individual and corporate customers and to maintain its solid, innovative and sustained expansion strategy.

About The Banker magazine

It was founded in 1926 and belongs to the Financial Times Business group, and is considered a leader in international banking and financial news. The Bank of the Year awards are a benchmark in international banking. The winners of the awards are selected by the editors of The Banker on the basis of objective criteria such as profitability, growth and efficiency, as well as subjective criteria including strategy, leadership and innovation. 

About Millennium bim

Mozambique's largest financial group, has set the pace for growth in the banking sector. In the process of bankarizing the Mozambican economy, the Bank is present in all the country's provinces and today has a vast network of branches, more than 300 bank agents and one of the largest ATM and POS networks, and with the contribution of its 2,500 employees who serve more than 1.8 million customers. Millennium bim is the first Mozambican bank in the ranking of the 100 largest banks in Africa.