{"id":18237,"date":"2022-04-21T14:37:15","date_gmt":"2022-04-21T14:37:15","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/millennium-bci-standard-still-the-only-systemically-important-banks-in-mozambique"},"modified":"2022-04-21T14:43:15","modified_gmt":"2022-04-21T14:43:15","slug":"millennium-bci-standard-still-the-only-systemically-important-banks-in-mozambique","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/millennium-bci-standard-still-the-only-systemically-important-banks-in-mozambique","title":{"rendered":"Millennium, BCI, Standard still the only \u2018systemically important\u2019 banks in Mozambique"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Banco Internacional de Mo\u00e7ambique (Millennium bim), Banco Comercial e de Investimentos (BCI) and Standard Bank remain the only three systemically important financial institutions in Mozambique, the country\u2019s banking regulator has announced.<\/p>\n<p>These are the same three banks as last year, except with BCI and Millennium bim \u2013 the local branch of Portugal\u2019s Millennium BCP \u2013 swapping positions in terms of sector importance.<\/p>\n<p>In the report, which ranks the Domestic Systemically Important Banks (D-SIBs), Millennium bim tops the list with 251 points, followed by BCI with 228 points and Standard Bank with 139.<\/p>\n<p>Absa Mo\u00e7ambique bank maintains its position of near-systemic importance, with 80 points.<\/p>\n<p>The list includes 19 other domestic credit institutions that the Bank of Mozambique, the central bank, considers are not of systemic importance.<\/p>\n<p>The country\u2019s central bank must, by law, publish, by 30 April of each year, a list of credit institutions classified as \u2018D-SIB\u2019 or \u2018near D-SIB\u2019, based on data reported by 31 December of the previous year.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Banco Internacional de Mo\u00e7ambique (Millennium bim), Banco Comercial e de Investimentos (BCI) and Standard Bank remain the only three systemically important financial institutions in Mozambique, the country\u2019s banking regulator has announced. These are the same three banks as last year, except with BCI and Millennium bim \u2013 the local branch of Portugal\u2019s [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":18236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-18237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Millennium, BCI, Standard still the only \u2018systemically important\u2019 banks in Mozambique - Mozambique<\/title>\n<meta name=\"description\" content=\"Banco Internacional de Mo\u00e7ambique 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