|A Brief Background
Banco Comercial Português (BCP), set up in June 1985, was the first private
commercial bank to be incorporated in the wake of the Portuguese financial system
It outshone its main competitors because it provided personalized services and
its products were innovative and competitive.
Various key factors enabled BCP to make its indelible mark on the
Portuguese banking market. At the forefront stood its stability
and the independence of its professional management. In addition
to that, and allied to quick decision-making, it had the capacity to
access capital markets to increase own funds, and to offer quality
in its response to customers.
In order to attain the critical dimension considered necessary, and to face challenges
arising out of the concentration of the financial sector, in March 1995 BCP acquired
control of Banco Português do Atlântico, and later, in 2000, Banco
Mello, Companhia de Seguros Império and Banco Pinto & Sotto Mayor.
Capitalizing on its experience of growth as an organization on the domestic market,
Millennium bcp is also engaged in globalizing operations by approaching new markets
exhibiting high growth potential, whose respective financial systems are undergoing
The introduction of the new Millennium bcp brand symbolizes a project “re-founding” the
Bank. Its new name expresses a fresh challenge - that of creating a thousand
reasons why it deserves to retain its customers’ loyalty.
Deploying the energy of every one of its employees and refocusing its corporate
approach to service and the sharing of benefits with the customer, Millennium
bcp will continue to offer the best financial products on the market, underpinned
by the soundness and efficiency of the largest Portuguese private financial group.
|Largest Portuguese private financial group;
|Represented on the European, American, Asian and African continents,
either as the Millennium bcp brand or as distinct brands created
to operate on different markets;
|Largest banking network in Portugal, with some 1,000 branches,
serving more than 3.5 million Customers, representing a market
share of some 25%;
|Overall offer of products and services adequately tailored to the
profile of each customer, based on a market-segmentation strategy.