Finance
List of Commercial banks in Mozambique
Mozambique’s banking sector is dynamic and diverse, encompassing domestic banks, foreign banks, microfinance institutions, and other financial entities. It plays a vital role in facilitating economic growth by mobilizing capital, intermediating funds between savers and borrowers, and supporting development across multiple sectors.
Driving Financial Inclusion: Mozambique’s Banking Landscape
Mozambique’s banking sector is anchored by commercial banks like Millennium BIM, Standard Bank Mozambique, and BCI, offering a wide array of services including deposits, loans, trade finance, and treasury services. Microfinance institutions also play a crucial role in extending financial services to underserved communities, contributing to financial inclusion and poverty reduction. The sector provides comprehensive financial solutions such as savings accounts, loans, credit facilities, payment services, and trade finance, supporting economic activities and international trade. Oversight and regulation are managed by the Bank of Mozambique, which oversees monetary policy, regulates banking operations, ensures financial stability, and safeguards depositor interests and stakeholders.
| Bank Name | Sector | Headquarters | Bank Revenue(MZN) | Bank Revenue(USD) | Contact Details |
| Banco de Moçambique (Central Bank of Mozambique) | Central Bank | Maputo | 39.5 million | 0.618million | +258 21 354 700 |
| Banco Comercial e de Investimentos (BCI) | Commercial Bank | Maputo | 3.44 billion | 0.053billion | +258 21 353 700 |
| Banco Internacional de Moçambique (BIM) | Commercial Bank | Maputo | 801.6million | 12.55million | 258-21-351-556 |
| Standard Bank | Commercial Bank | Maputo | 7.3 billion | 0.114billion | + 258 21501000. |
| Banco Único | Commercial Bank | Maputo | 5 million | 0.078million | +258 21488400 |
| Moza Banco | Commercial Bank | Maputo | 102 million | 1.597million | + 258 21 342 000 |
| Barclays Bank Moçambique (part of Absa Group Limited) | Commercial Bank | Maputo | 104.5 billion | 1.636billion | +258 21 344 400 |
Mozambique’s banking sector is a powerful engine for progress. Through financial inclusion, innovation, and sound regulation, it fuels economic development, empowers citizens, and paves the way for a brighter future.
