Banco Comercial Português, commonly known as Millennium bcp, is the largest private bank in Portugal, serving a broad range of clients through retail, corporate and private banking operations. Headquartered in Porto, the bank provides traditional deposit and lending services alongside digital banking platforms, enabling customers to manage accounts, payments and investments both online and via mobile applications.
The institution’s core activities include consumer and mortgage lending, corporate finance, trade finance and project finance, with specialized divisions for private banking and wealth management. Millennium bcp also offers asset management services, insurance products and leasing solutions, catering to both individual clients and small-to-medium enterprises across various economic sectors.
Beyond its domestic network, Banco Comercial Português has built an international footprint under the Millennium brand. It holds a majority stake in Bank Millennium in Poland, and maintains operations in several Lusophone markets—including Angola and Mozambique—alongside representative offices in Switzerland and China. This geographic diversification supports cross-border trade and provides access to global financial markets for its customers.
Founded in 1985 through the merger of Banco Comercial do Porto and Banco Português do Atlântico, the bank adopted the Millennium name in the mid-1990s and has since modernized its services through strategic partnerships and technology investments. Governed by a board of directors and subject to supervision by the Banco de Portugal and the European Central Bank, Banco Comercial Português continues to pursue growth opportunities while maintaining a focus on risk management and regulatory compliance.
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