BCI BPI output: Mozambican women can buy stock

O Mozambican President said today that talks are taking place for the exchange of Portuguese BPI's participation in Banco Comercial e de Investimentos (BCI), allowing, in particular, women's access to the capital of the largest national bank.

“ Right now, there's a BCI bank shareholder coming out. We are in talks so that these shares are listed on the stock exchange and Mozambican women can buy shares and tomorrow each of the Mozambicans here can say that I also own BCI ", said Daniel Chapo in Maputo.

Speaking during the opening of the National Dialogue of the Second Women's Economic Forum, the President advocated greater female participation not only in entrepreneurship, but also in the ownership of the country's businesses and economic assets.

The statements appear a week after Daniel Chapo announced a proposal to divest BPI's participation in the BCI: 11% of the capital to the public and 25% to national investors.

According to the head of state, large investments, public-private partnerships and the capital market should represent opportunities for women to participate more directly in the creation and distribution of national wealth.

“ When we talk about large investments, public-private partnerships, large-scale projects, business concessions and the capital market, we are also talking about huge opportunities for Mozambican women, not only as suppliers of goods and services, but also as entrepreneurs, investors, shareholders and participants in economic decisions,” he said.

The President also called on the Mozambique Stock Exchange, financial institutions and business organisations to promote financial education and create mechanisms that bring women closer to investment opportunities.

On October 14, the head of state stated that a proposal was under consideration to allocate 11% of the capital to the Mozambican public and 25% to national institutional and corporate investors, through the dispersion of the participation currently held by the Portuguese bank.

At the ceremony of the 28th anniversary of the Mozambican Stock Exchange in Maputo, the head of state stated that the executive is working to transform the alienation of the participation of the Portuguese bank into an opportunity to extend the presence of Mozambican investors in the largest bank in the country.

BPI controls 35.67% of the capital of BCI, a bank led by Caixa Participações, of the Caixa Geral de Depósitos group, which holds 51%.

The BCI has a share capital of 10 billion meticais (138 million euros) and a shareholder structure led by Caixa Participações, the Caixa Geral de Depósitos group (CGD), with 51%, followed by Portuguese BPI, with 35.67% – which publicly announced the intention to leave – and CGD itself, directly, with 10.51%, among other shareholders.

According to the latest report and accounts, the BCI maintained in 2025 the leadership of the Mozambican banking system, serving about 2.5 million customers.

Profits, however, fell by 40.3% to 3,604 million meticals (EUR 48.6 million), an impact the institution attributed to the strengthening of impairments for public debt exposures due to the worsening of sovereign risk and extraordinary costs associated with the return of commissions.