Corporate Responsability
Millennium bcp develops its activities by establishing a responsible relationship with Employees, Customers, Shareholders and other Stakeholders and its performance is featured by the compliance with rigorous internal principles and the provisions issued by the competent regulatory authorities.
Corporate Governance and strategy
Millennium bcp adopts an “Anglo-Saxon” One-tier Governance Model, with the following Governance and Corporate Bodies: Board of the General Meeting, Executive Board of Directors that includes Audit Committee and Executive Committee, Statutory Auditor, Remuneration and Welfare Board, and International Strategic Board.
The continuous success of the Bank is based upon a solid commitment to balancing the interests of all Stakeholders through a clear strategy that creates sustainable bases to successfully face the new challenges.
Brand Management
The Millennium brand constitutes a base for the entire offer of the Bank and a fundamental part of its commercial strategy with direct impact on its results, leading to the positioning of the Millennium bcp in the mind of its Customers and to the projection of credibility, strengthening the relation of trust in the Bank and creating feelings of loyalty, boosting the value of the brand.
Global Offering and Distribution Channels
Millennium bcp ensures a complete and comprehensive offer of financial products and services for each Customer segment, using the appropriate distribution channels for each of these segments, always with the desire to respond in a dynamic and specialized manner to the socio-economic framework experienced at each moment.
Employees
Millennium bcp reflects the excellence of its Employees and they are the key to the Organization's success and sustainable development. The management of staff is a strategic factor in a Customer relationship featured by a high quality and an ongoing support to the Customer, one of the distinguishing factors of Millennium bcp.
Suppliers
In the BCP Group, the supplier selection process is based on criteria such as the company's overall expertise, the functionality, quality and flexibility of the specific solutions to be acquired, its ongoing ability to provide the service, and compliance with sustainability criteria. Across all the Group's operations, preference is given to procurement from local suppliers.
The Internal Control System
The internal control system is defined as the set of principles, strategies, policies, systems, processes, rules and procedures laid down in the Group with a view to guarantee:
- An efficient and profitable performance of activity in the medium and long term;
- The existence of complete, relevant, reliable and timely financial and management information;
- Compliance with the legal provisions and regulations issued by the competent authorities.
