Millenium BIM

The proposed project will assist in increasing access to financial services to small and medium-sized enterprises, including very small enterprises and women-owned businesses (“SMEs”) in the Republic of Mozambique (“Mozambique”), an IDA country. This will be achieved through an investment package entailing a senior loan aimed at supporting the expansion of BIM - Banco Internacional de Moçambique, S.A.’s (“Millennium BIM” or the “Bank”) SME banking operations. Millennium BIM is a universal bank which provides financial services to micro, SME, corporate, individuals, and low income retail clients in Mozambique.
Status
Active
Start Date
2015
Donor
Funding Instrument
Country
Unique ID
332
Amount in USD (in million)
30.00