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Banco Comercial Português SA engages in the provision of banking and financial services. It operates through the following segments: Retail Banking; Companies, Corporate, and Investment Banking; Private Banking; Foreign Business; and Other. The Retail Banking segment consists of Retail Network of Millenium bcp (Portugal), retail recovery division, and Banco ActivoBank. The Companies, Corporate, and Investment Banking segment includes companies and corporate network of Millennium bcp (Portugal), specialized recovery division, specialized credit and real estate division, Interfundos, large corporate network of Millennium bcp (Portugal), specialized monitoring division, investment banking, and trade finance department. The Private Banking segment handles the private banking network of Millennium bcp (Portugal), Millennium Banque Privée (Switzerland), and Millennium bcp Bank & Trust (Cayman Islands). The Foreign Business segment refers to the Bank Millennium (Poland), BIM - Banco Internacional de Moçambique, Banco Millennium Atlântico, Millennium Banque Privée (Switzerland), and Millennium bcp Bank & Trust (Cayman Islands). The Other segment represents all other business and unallocated values in centralized management of financial investments, corporate activities, and insurance activity. The company was founded on June 17, 1985 and is headquartered in Porto, Portugal. |
