Banco Comercial Português, with its decision centre in Portugal, operates and acts with respect for people and institutions, focusing on the Customer, pursuing a mission of excellence, trust, ethics and responsibility, and is a distinguished leader in various financial business areas in the Portuguese market and a reference institution on an international level.
The Group provides a wide variety of banking services and financial activities in Portugal and abroad, where it is present in the following markets: Poland, Switzerland, Mozambique, Angola (through its associate BMA) and China. All its banking operations develop their activity under the Millennium brand. The Group has also been present in Asia since 1993, but it was only in 2010 that the activity of the existing Macao branch was expanded, through the attribution of a full license (onshore) aimed at establishing an international platform for business operations between Europe, China and Portuguese-speaking African countries.
In Portugal, Millennium bcp is focused on the retail and companies markets, providing services to its Customers in a segmented manner. The subsidiary companies generally provide their products through the Bank's distribution networks, offering a wide range of products and services.
Millennium bcp is Portugal's largest private sector banking institution, with a leading position and particular strength in various financial products, services and market segments, based on a modern branch network with good domestic coverage.
The domestic activity focuses on Retail Banking, which is segmented in order to best serve Customer interests, both through a value proposition based on innovation and speed targeted at Mass-Market Customers, and through the innovation and personalised management of service for Private, Prestige, Business Customers, Companies, Corporates and Large Corporates. Retail Banking also operates through Activobank, a bank aimed specifically at Customers who are young in spirit, intensive users of new communication technologies and prefer a banking relationship based on simplicity and offering innovative products and services.
The bank also offers remote banking channels (banking service by telephone and online), which operate as distribution points for its financial products and services.
At the end of June 2020, the bank had 493 branches in Portugal (including one branch in Macao), serving over 2.3 million customers, with particular emphasis on the expansion of the mobile customer base: +30% (at the end of June 2019) to 842,000 customers.
At the group level the bank has 1,460 branches, and serves more than 5.6 million customers, also with strong growth in mobile to around 2.5 million customers, +36% to the end of June 2019.
BCP’s stock is listed on more than 50 domestic and international stock exchange indexes, including the Euronext 150, the PSI 20 and the PSI Geral Index.
Main awards received
- Millennium bcp named Best Digital Bank Award in Portugal; Best Information Security and Fraud Management in Western Europe by Global Finance 2020
- Millennium bcp: Main Bank For Companies; Most Appropriate Products; Most Innovative; and Closest to Customers, according to DATA E’s 2020 research
- Millennium bcp named Best Private Bank In Portugal by The Banker magazine 2019
- Millennium bcp: Marketeer magazine award, "Banking" category 2020 (4th year in a row)
- Millennium bcp named Best Investment Bank in Portugal by Global Finance magazine
- Millennium bcp named Best Investment Bank in Portugal by Euromoney Magazine (2019)
- Activo Bank named Consumer's Choice 2020 in the "Digital Bank" category
- Activo Bank named 5 Stars Award 2020 in the "Digital Bank" category
- Activo Bank named Best Commercial Bank, Best Consumer Digital Bank and Best Mobile Banking App, in Portugal by World Finance (2019)
- Bank Millennium named Best Bank in Poland by Global Finance (2019)
- Bank Millennium named Best Website Design in Central and Eastern Europe by Global Finance 2020
- Bank Millennium named Best Trade Finance Provider in Poland by Global Finance 2019
- Bank Millennium: Most recommended bank and leader in customer satisfaction (“Customer satisfaction monitor of retail banks ARC Rynek i Opinia”)
- Bank Millennium: Stars of Banking 2020, a ranking from Dziennik Gazeta Prawna and PwC, distinguished in 4 categories
- Bank Millennium: Institutions of the Year 2020 ranking, distinguished for Customer Quality Service in five categories
- Bank Millennium: CSR Golden Leaf Award of the “Polytika” magazine for the implementation of the strictest corporate social responsibility standards
- Millennium bim named Best Bank in Mozambique (11th year in a row) by Global Finance (2020)
- Millennium bim named Best Trade Finance Provider in Mozambique by Global Finance (2020)
- Millennium bim: Best Private Bank in Mozambique by Global Finance (2020)
- Millennium bim: Most Innovative Banking Services in Mozambique by cfi.co - Banking awards 2020
- Millennium bim named Best Bank for Information Security and Fraud Management in 2020 in Mozambique by Global Finance magazine
- Millennium bim: Global Finance Innovators 2019 award, "Payments" category, for the "Millennium IZI" service
Note: These awards are the exclusive responsibility of the entities that awarded them.