Watch the video with Miguel Maya, CEO of Millennium BCP, at the Road To China conference.
Miguel Maya, CEO of Millennium BCP, said that having Fosun as a shareholder of the bank allowed to end the process of transformation in the main private bank.
The Chinese stockholder, with no connection to the financial sector, holds 30% of the bank, while Angolan shareholders hold 20%. Despite this, the consolidation is in Portugal. "It's our main market. We are not an affiliate, a branch,"the CEO said, underlining that with this shareholder structure the bank gained access to Chinese and Angolan clients.
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