Main highlights
301
million euros
In net income, with positive results in all geographies where the Bank operates.
Message of the Chairmen
2018 was a very positive year, with results aligned with the growth and profitability ambition set out in the strategic plan.
Management Report
A leading Bank prepared for the future
Millennium bcp is Portugal’s largest private banking institution, with a position of leadership and particular strength in various financial products, services and market segments based on a modern branch network with strong nationwide coverage.
Action guided by respect for people and institutions
Focus on the Customer and a mission of excellence, trust, ethics and responsibility
Innovation and simplification set the pace of the Bank
Sustainability
Supporting households, the economy and society
We are a Bank with a strong commitment to Sustainability and to Ethical and Responsible Business practices. Therefore, in 2018, we once again supported households, the economy and society, in all geographies where the Bank operates. The intervention of the Bank’s Sustainability policy is divided into three major dimensions.
Involvement with the external community and with the internal community
Offer of products and services which incorporate social and environmental principles
Sharing of sustainability principles
Accounts and Notes to the Accounts
Financial Statements
The individual and consolidated financial statements presented in the 2018 Annual Report were approved by the Bank’s Board of Directors on 26 April 2019.
Corporate Governance
One-tier model
Banco Comercial Português, S.A has adopted a one-tier corporate structure with a Board of Directors, which includes an Executive Committee and an Audit Committee composed solely of non-executive directors. The Company also has a Remuneration and Welfare Board and an International Strategic Board, elected by the General Meeting.