Who We Are

Who We Are

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, 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 activity in the domestic market 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 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 March 2022, the bank had 421 branches in Portugal (including one branch in Macao), serving over 2.5 million Customers, with particular emphasis on the expansion of the mobile Customer base: a 20% increase year-on-year, to 1.2 million Customers.

At the group level the bank has 1,264 branches, and serves more than 6.2 million Customers, also with strong growth in mobile to around 3.6 million Customers, a 20% increase year-on-year.

BCP's stock is listed on more than 50 domestic and international stock exchange indexes, including the Euronext 150, the PSI and the PSI Geral Index.

Main awards received

Millennium bcp

  • Consumer's Choice 2022 in the "Large Banks" category
  • Part of Europe's Climate Leaders 2022 ranking by Financial Times
  • Millennium Group in the 2022 "Sustainability Yearbook"
  • Best Investment Bank 2022 in Portugal according to Global Finance
  • Best Digital bank 2021 in Portugal according to Global Finance
  • Among the World´s Best Employers 2021, according to Forbes Magazine
  • Best Private Banking 2021 according to The Banker magazine
  • "PME Líder '21" programme: largest number of awards among participating banks
  • Main bank for companies; most appropriate products; most efficient; Best to Companies and Closer to Companies (Data E - Barómetro Financeiro 2021)
  • Leader of the 1st edition of the "Inovadora COTEC" program

Activo Bank

  • Consumer's Choice 2022 in the "Digital Bank" category
  • "Powerful Brand" in "Online banks" study according to Sábado magazine and Marktest

Millennium bim

  • Best Bank in Mozambique according to Global Finance (2022)
  • Best Foreign Exchange 2021 in Mozambique from Global Finance (2021)
  • Bank of the year 2021 in Mozambique from The Banker magazine
  • Best Private Bank in Mozambique from Global Finance (2021)
  • Best Trade Finance Provider in Mozambique from Global Finance (2021)
  • Euromoney - Best Bank 2021 in Mozambique
  • Best Digital Bank 2021 in Mozambique according to Global Finance

Bank Millennium

  • ARC Rynek i Opinia 2022 Ranking highlights Millennium in Customer Satisfaction
  • Among the European Diversity Leaders 2022 according to Financial Times
  • Among the winners of "Newsweek Friendly Bank" in 2021
  • Certified with the "Wroclaw without barriers" 2021
  • Best Digital Bank in Poland from Global Finance (2021)
  • Best Bank 2021 in Poland according to Global Finance
  • CSR Golden Leaf Award 21 from "Polytika" magazine for the implementation of the strictest corporate social responsibility standards
  • Among the 200 Best Brands in Poland, according to Forbes magazine
  • Awarded Stars of Banking 2021
  • In the podium of the Golden Banker Ranking 2021

Note: These awards are the exclusive responsibility of the entities that awarded them.​