Banco Comercial e de Investimentos (BCI), Banco Internacional de Moçambique (Millennium Bim) and Standard Bank remain the three banks of systemic importance in the country, the central bank announced Wednesday.
In the ratio that measures importance to the sector, labelled with the English acronym D-SIB, BCI tops the list with 278 points, followed by Millennium Bim with 257 and Standard Bank with 159.
Absa Moçambique bank maintains its position of near-systemic importance, with 68 points.
The list includes 17 other domestic credit institutions that the Bank of Mozambique considers not to be of systemic importance.
The law requires the central bank to publish by 30 April of each year the list of credit institutions classified as ‘D-SIB’ or ‘near D-SIB’, based on data reported on 31 December of the previous year.
