The announcement was made during the first edition of the “Millennium bim Business Days”, which brought together about 200 businessmen at the Sena Hotel in the city of Beira, Sofala Province.
The event aimed at sharing experiences and finding solutions for the challenges that are imposed to the development of Small, Medium and Large Enterprises in that province, in an effort where the bank praises its commitment as a reference financial institution in supporting enterprises in Mozambique.
“We witnessed a very frank and open debate in which it was possible to identify the various challenges that are imposed on us, however, some solutions were also collected with much pragmatism, always aiming at the full realization and development of the potential of the region of Sofala province,” said the President of the Executive Committee of the Bank, José Reino da Costa.
Reino da Costa also said that “if we observe Mozambique’s financial statistical system, what we can see is that banks have become more prudent in recent years, and this aspect translates into less credit concession, since the risks are greater and banks, in order to protect the money of their clients, become more cautious. However, we as Millennium bim, as there are promising projects properly conceived, reiterate our commitment to continue to support the economic development of the country”.
