Tag: Borrower

Home " Borrower

Millennium bim reforça compromisso com o empreendedorismo nacional

Post

November 12, 2025November 13th, 2025Latest, Market Announcements, National

Millennium bim reinforces its commitment to national entrepreneurship

Millennium bim and Sociedade de Garantia de Moçambique (SGM) signed a Memorandum of Understanding this Thursday, November 12, in Maputo, marking the Bank's official entry into the Mutual Guarantee Fund, an innovative mechanism created to boost access to credit for micro, small and medium-sized enterprises (MSMEs). The signing took place...

BM fixa em 30 milhões de meticais capital social mínimo para fundo de garantias

Post

October 5th, 2024October 5th, 2024Economy, National

BM sets minimum share capital for guarantee fund at 30 million meticais

by José Caetano

The Bank of Mozambique (BM) has set the minimum share capital for setting up mutual guarantee companies and loan guarantee fund managers in the country at 30 million meticais, writes "Notícias." This is an important step so that financial institutions can have the capacity to absorb potential losses and perform...