Banco Millennium Atlantico enters the market

摘要

QWhat was the rationale behind the merger of Banco Privado Atlantico and Banco Millennium Angola? A The rationale for the merger results from a combination of the opportunities and challenges of the Angolan market as well as the complementary characteristics of each bank. The strategic partnership between Atlantico, Banco Millennium Angola and Millennium bcp (Banco Millennium Angola's major shareholder), will reinforce Atlanta's strong local positioning. Banco Millennium Angola brings the benefits of a large customer base coupled with Millennium bcp's business know-how. Both Atlantico and Banco Millennium Angola enjoy relevant synergies and operate in complementary business segments.