10-9-2010 21:21

Overview - History

2006

Choose the year:

  • Introduction of the Millennium bcp's dualist governance model , with the creation of the Supervisory Board, been elected Chairman the previous Chairman of the Board of Directors and founder of the Bank, Mr. Jorge Jardim Gonçalves.
  • Lauching of a general take-over bid for shares representing the share capital of Banco BPI, SA.
  • Share capital increase to euro 3,588,331.338 in January 2006, following signature of the public share capital increase deed, corresponding to 330,930,511 ordinary shares, in the wake of the conversion of the Mandatorily Convertible Securities Capital BCP 2005, which were amortised on December 31, 2005.
  • Increase of the Banco Comercial Português, S.A., share capital to euro 3,611,329,567, with the signature of the public share capital increase deed, corresponding to 22,998,229 shares, the result of the exercise of the Stock Options Programme awarded to the staff in April 2003.
  • Conclusion of the partial take-over bid for up to 16% of the share capital of Bank Millennium in Poland, leading to the
  • Acquisition of 15.51% of the share capital and voting rights of Bank Millennium through a partial take-over bid, increasing its holding to 65.51% of the share capital and voting rights.
  • Bank Millennium reaches the 2nd place in Mortgage Credit production in Poland.
  • Creation of Banco Millennium Angola, a bank incorporated under Angolan law wholly owned by Millennium bcp.
  • Conclusion of the sale of 80.1% of the share capital of Banque BCP France and Luxembourg to the French financial institution Groupe Caisses d'Epargne, BCP retaining a 19.9% holding in both these institutions.
  • Conclusion of the sale of the 50.001% stake in Interbanco, SA, to Santander Consumer Finance, SA.
  • Conclusion of the sale of the whole of the share capital of bcpbank Canada to the Canadian financial institution BMO Financial Group.
  • Sale of the entire holding of 23.062% of ONI SGPS share capital to - Energias de Portugal.
  • Announcement by Standard & Poor's Ratings Services of the improvement of the notations awarded to the Banco Comercial Português, SA, long-term and short-term liabilities from "A-" and "A-2", to "A" and "A-1" respectively, and alteration at the same time of the Outlook from "Positive" to "Stable".
  • Revision of the rating of Millennium Bank in Poland by Standard & Poor's, up from Bbpi to BBBpi.
  • Launch of a mortgage loan securitisation operation - Magellan Mortgages Nº 4 - in the sum of 1.5 billion euro.
  • First mortgage loan securitisation operation by NovaBank in the sum of ?600 million, the first of its kind undertaken by a subsidiary of a Portuguese Bank.
  • Conclusion of the process involving the alteration of the brands of the international operations, with the transformation of Bank Millennium in Poland, NovaBank in Greece and BankEuropa in Turkey, the launch of Millennium Angola, and the transformation of BIM into Millennium bim and of bcpbank into Millennium bcpbank.
  • Millennium bcp obtained Quality Certification under international standard ISO 9001:2000, awarded by BVQi-Bureau Veritas Quality International, the international certification entity.
  • Subscription by Millennium bcp to the revision of the Equator Principles, strengthening its commitment and that of the financial sector to providing the Project Finance area with best practices in the management of social and environmental contingencies related with the projects that are financed.
  • Several awards and distinctions were granted to Millennium bcp, being worth mentioning:
    • "Best Bank", in Portugal, in 2006 within the scope of the "World's Best Bank", "Best Trade Finance Bank 2006" and "Best Foreign Exchange Bank 2006" in Portugal prizes awarded to Millennium bcp by Global Finance magazine.
    • Millennium bcp is named the "Best Private Banking" in Portugal by Euromoney magazine.
    • Election of Millennium bcp as "Best Commercial Bank" in Real Estate in Portugal by Euromoney.
    • Election of Millennium bcp Fundos de Investimento as the "Best National Management Company - Domestic Funds" and the "Best Equities Management Company - Domestic Funds" by Diário Económico/ Standard & Poor's in 2006.
    • Award of the "Creditworthy Company 2006" prize to Bank Millennium (Poland) in the "Ratings of Institutional Investors" by the Polish Managers Institute.
    • Election of Millennium bcp as the "Best Sub-Custodian Bank", "Best Investment Bank" and "Best Developed Market Bank" in Portugal by Global Finance magazine.
    • Election of Millennium bcp as the "Best Corporate/institutional Internet Bank" and "Best Consumer Internet Bank" in Portugal, "Best Bill Payment and Presentment", "Best Information Security Initiatives" and "Best Online Deposits Acquisition" at an European level, within the scope of the "Best Internet in Poland, was also elected "Best Consumer Internet Bank" in that country. Bank" by the Global Finance magazine.
    • Award of the "Citizenship for Companies and Organisations" prize by AESE and PricewaterhouseCoopers, distinguishing good social responsibility practices.
 
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