The Millennium bcp Group (BANCO COMERCIAL PORTUGUÊS) was founded in June of 1985 in Portugal, with the objective of providing excellent banking services and innovative and personalized products, aiming to satisfy all of the financial needs and expectations of the banking customers.

In 1995, bcp acquired Portugal’s second biggest state bank, Banco Portugues Do Atlantico, which was twice the size of bcp. Then, in 2000, it acquired Banco Mello and Império; Companhia de Seguros Imperio; and Banco Pinto and Sotto Mayor.

Bcp has followed a strategy focused on international expansion, concentrating from the year 2000 onwards in high-growth markets. Besides Greece, which is a strategic pillar of growth, the group is active in Poland, Romania, Turkey, Mozambique, the United States of America, and Angola.

Outside of Portugal, bcp has already developed its international operations through partnerships and other strategic alliances with selected foreign financial institutions, as illustrated in its cooperation with Eureko.

On December 31, 2008 the solvency ratio of Millennium bcp stood at 10,5%, according to the criteria of the Bank of Portugal. The Bank had a network of 918 branches in Portugal as of the same date.

 
 Milestones for the bcp Group