Main highlights
Millennium bcp in 2020
In a challenging context, Millennium bcp stood out for its agility and adaptability, defending the quality of the balance sheet, protecting Customers and Employees, supporting the economy, preserving business continuity, and reinforcing the social support component.
Message of the Chairmen
WE LOOK TO THE FUTURE WITH HOPE AND DETERMINATION
“We have reasons to look to the future with hope, and we remain steadfast in our determination to pursue the growth and profitability strategy we set out to achieve, grateful for the support and confidence of our Customers, Shareholders, Employees and other Stakeholders.”
Management Report
A LEADING BANK IN PORTUGAL,
WITH A STRONG INTERNATIONAL
PRESENCE
Millennium bcp is the largest Portuguese privately-owned Bank on business volumes with a relevant position in the countries where it operates. In Portugal, it holds a leading position in various financial products, services and market segments.
Sustainability
ENSURING THE FUTURE OF
FAMILIES, COMMUNITIES
AND THE ENVIRONMENT
The adopted sustainability policy, which fosters a culture of Social Responsibility, aims to positively influence the organisation’s value proposition in the long term, balanced with the well-being of the people, the company and communities in which it operates, while preserving natural resources, climate and the environment.
Accounts and Notes to the Accounts
FINANCIAL STATEMENTS
The consolidated and individual financial statements presented in the 2020 Annual Report were approved by the Bank’s Board of Directors on 24 March 2021.
Corporate Governance
ONE-TIER MANAGEMENT AND SUPERVISION MODEL
Banco Comercial Português, S.A., has endorsed a one-tier corporate structure with a Board of Directors which includes an Executive Committee and an Audit Committee. It also has a Remuneration and Welfare Board elected by the General Meeting of Shareholders.
Fundação Millennium BCP
FOCUS ON CULTURE, KNOWLEDGE, AND SOCIAL SOLIDARITY
Fundação Millennium bcp is an agent for the creation of value in society and of promotion of sustainability and innovation, in the areas of Culture, Knowledge and Social Solidarity.