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Trading

List of Banks in Mozambique

Published by Gbaf News

Posted on June 13, 2012

1 min read

· Last updated: December 7, 2018

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Banking Central Banks Digital banking

Bank of Mozambique or (Banco de Moçambique)
Banco Nacional de Investimentos (BNI) (National Investment Bank)
Barclays Bank
Procredit Bank
Banco Comercial de Investimentos (BCI)
Moza Banco
Mauritius Commercial Bank (MCB)
Standard Bank
First National Bank
Millennium International Bank
Banco Mercantil e de Investimentos
BancABC
Opportunity Bank Mozambique
Banco Terra
Socremo Microfinance Bank
Banco Tchuma
International Commercial Bank
Banco Unico

Key Takeaways

Mozambique’s banking sector includes a mix of state‑owned, commercial and microfinance institutions.
The Bank of Mozambique is the central bank overseeing and regulating all commercial banks in the country.
Major systemic banks include BCI, Millennium BIM and Standard Bank, with several others offering niche or regional services.
Many banks operate out of Maputo but maintain nationwide branch networks, including in Nampula and Beira.

References

Frequently Asked Questions

What is the central bank of Mozambique?

The Bank of Mozambique (Banco de Moçambique) is the country’s central bank, responsible for monetary policy and regulation of all commercial banks in the country.

Which banks are considered systemically important in Mozambique?

Banco Comercial e de Investimentos (BCI), Millennium BIM (Banco Internacional de Moçambique) and Standard Bank are classified as systemically important.

Do most banks operate only in Maputo?

While many banks are headquartered in Maputo, most maintain branch networks across Mozambique, including in cities like Beira and Nampula.

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List of Banks in Mozambique

Key Takeaways

References

Frequently Asked Questions

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