Bank once again distinguishes good business practices with more benefits in products and services
The event was held in virtually due to restrictions imposed by the global COVID19 pandemic, and served to recognize the SME, Customers of Millennium Bim, with the best management practices and announce a set of exclusive advantages under the MLíder Program.
During the event, over 500 national companies that are part of the MLíder Program were awarded and certified for their contribution to the growth and sustained development of Mozambique’s economy, because of rigorous management and growing involvement with the Bank.
At the event, Millennium Bim also announced the reinforcement of the advantages of the MLíder Program, which will have a new credit solution based on the Discount of Invoices issued to Large National Buyers, as well as a transactional package for Companies, the “MLíder Package”.
Regarding the credit solution in the form of Invoice Discounting, Companies now have another instrument that ensures the liquidity balance of their treasury. In the “MLíder Package”, the Bank offers companies a set of banking products and services in terms of transactions, cards, and insurance, with subsidized conditions.
The MLíder Program includes a financial and a non-financial offer. In the financial component, the companies have access to credit solutions for treasury and investment support, with reduced commissions for new financing, advantages in transactions and in insurance with discounts on premiums (accidents at work, funeral/life, multirisk business and transported goods). In terms of non-financial offer, the MLíder Program has excellent partners who provide advantageous conditions of access to its products and services.
According to José Reino da Costa, Chief Executive Officer of Millennium bim, “The reinforcement of the MLíder Program, even in times of pandemic, clearly demonstrates the Bank’s commitment to be increasingly closer to SMEs and to give them all the support, through innovative products and services, such as the Invoice Discount and the MLíder Package, so that they can overcome this less good phase of the world economy”.
With this initiative Millennium Bim reiterates and strengthens its commitment to support SME, as a benchmark financial institution, always attentive to the challenges that the economy and Mozambican companies face every day.
