Corporate

The shareholders of Barclays Bank Mozambique (BBM) have announced that they are investing a total of MT 1.2 billion towards a new it platform, and to position the bank to grow its business with the aim of becoming the leading provider of financial services in Mozambique.

On August 8, 2008, Barclays officially opened the first branch in Inhaca Island. The opening ceremony commenced with a traditional ritual performed by the local traditional leaders. This traditional ritual is normally done to bless the business and to let the community know that we respect the traditional norms of the island.

Barclay Bank of Mozambique (BBM) CEO, Paul Nice together with Amilcar Barros, executive for BBM Corporate banking recently took some clients to South Africa to watch the semi-final game between South Africa and Brazil in the FiFa 2009 Confederations Cup.