Company Information

Get to know Portuguese Commercial Bank

Founded in 1985, Banco Comercial Português, S.A. (BCP), which operates under the brand name Millennium bcp, has grown to become Portugal's largest private financial group. The bank provides a wide array of services including retail, corporate, and investment banking, as well as insurance and asset management. With a strong domestic presence, BCP also maintains significant international operations, particularly in Poland (through Bank Millennium), Mozambique (as Millennium bim), and Angola. The bank's mission is to be a trusted financial partner, creating value for its clients, shareholders, and employees through innovation and a commitment to service excellence.

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Portuguese Commercial Bank

Portugal

Founded in

01 Jan 1985 (41 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.