News

Moza awarded "Local Content Bank" prize in Mozambique
04/07/2023

Moza Banco has been awarded the "Local Content Bank", in recognition of the impact its products and services have had on communities across the country. Moza is the bank that, under the government's "One District, One Bank" programme, has opened the most branches in rural regions of Mozambique.

The prize was awarded by Mozambique Energy Intelligence Limitada (MEI), as part of the 1st edition of the "Enermina Awards", also known as the Local Content Award. The initiative aims to identify, publicise, and recognise actions of constructive impact carried out by the various Local Content agents in the energy, mining, agriculture and environment sectors in Mozambique.

The award was presented recently in Maputo to the Chief Executive Officer (CEO) of Moza Banco, Manuel Soares, by representatives of the awarding organisation, in the presence of several the bank's employees and other numerous guests.  

MEI's Director, Mr Momade Mucanheia, on the occasion, addressed words of encouragement to Moza Banco, calling for it to constantly maintain the quality of its products and services and the focus on the expansion of its network.

"With over 1600 points accumulated as part of its impact in social and industrial responsibility actions, Moza has shown commitment and interest in supporting constructive actions at the service of the comm  unity. We simply ask that it maintains this spirit and inspire other institutions," Momade Mucanheia added. 

Moza Banco’s CEO said that the merit belongs to all employees. "It is only thanks to the individual and collective dedication of all our employees that we continue to grow and reaffirm our presence in the market, as a genuinely Mozambican bank. We want our DNA to be mirrored in the desire to be ever closer to the communities and to each Mozambican family. In general, we always want to Make It Happen", he said.

The recognition by Mozambique Energy Intelligence boosts Moza's ambition to continue to develop and reach more and more of the Mozambican population, thus becoming the main driver of the process of financial inclusion in Mozambique.

Moza reaffirms itself as the Bank of Mozambicans and to "Make it Happen”
03/07/2023

Moza Banco launches, this Monday (July 3), on all media platforms, its new institutional campaign attached to the slogan "Make it Happen". This campaign represents a reaffirmation of Moza as the only bank that belongs to Mozambicans and that is therefore an active participant in the people’s history of resilience, work, and pride.

By recognizing, valuing, and relating to the Mozambican dream, Moza seeks to inspire and motivate citizens to pursue their goals, after all, they "Make It Happen" in all areas of activity, driving national development and nurturing local production and value creation. 

The main objective of this campaign is to strengthen the relationship that Moza has not only with its customers, but also with each and every Mozambican who knows how to "Make it Happen". The aim is to ensure that all citizens are aware that whenever they need a banking partner who, like them, Makes It Happen, they can count on Moza.

According to the Chairman of Moza's Board of Directors, João Figueiredo, "the bank works every day to ensure that its financial products and services are appropriate to the reality of all citizens and 'Make Happen' the real changes in their lives".

And, to "Make it Happen", Moza began a transformative journey, in which the bank, continuing to focus on the customer has maintained its commitment to the quality and diversity of its technological solutions.

This transformation that Moza has been experiencing is already visible from the outside with the bank recently recognised as "one of the best institutions to work for in Mozambique".        

Meanwhile, Moza continues to "Make it Happen" in its actions to improve the customer experience, investing even more in the expansion of its commercial activities, offering personalised solutions.

For Moza's Chief Executive Officer, Manuel Soares, the bank seeks permanently to "take up its own space, contributing to the sustainable growth of the country based on knowledge, strategic vision, financial solidity and social responsibility".

Moza's new institutional campaign is directly associated with the 15th anniversary celebrations for a bank that has adopted a positive and proactive stance, priding itself on being an entity that has in its origins the reflection of a Mozambican spirit that "does not wait for things to happen, they always invent a new way of doing something, they always overcome any obstacle that appears in front of them, always facing every adversity with optimism and "Make it happen".

This is how the Bank invites each and every Mozambican to join Moza in this journey of success which "Makes it Happen".

Moza Banco shares knowledge at the World Series on Financial Innovation
23/05/2023

Moza Banco Executive Committee Member and CFO, Devan Manmoandas, will participate on 24th May at the World Financial Innovation Series, a meeting that brings together over 350 heads of technology and business areas from several banks, microfinance institutions and insurance companies.

The two-day conference (24th-25th May) will take place in Nairobi, Kenya, a choice justified by the fact that this is one of the African countries that has most embraced the digitalisation of banking processes, and which has over 94% of its population using mobile wallets to transact their money.

Based on his experience and expertise, Devan Manmoandas, will present and discuss the topic of "Everything is Data & Opportunities for African Banks", analysing the importance of data information for decision-making processes, risk mitigation and the improvement of products and services delivered to the customer.

Moza's CFO will also discuss the potential of emerging technologies, with a particular focus on Artificial Intelligence and the automated use of machines in the African banking sector.

Devan Manmoandas will also share his vision on the relevance of digital and innovative solutions in promoting financial inclusion, highlighting, in particular, the key role of Management and Boards of Directors in leading the processes.

This is an excellent opportunity for us to contribute with our knowledge to the improvement of banking processes on the continent. It is also an opportunity to learn from other players and bring this know-how to Mozambique and particularly to make our Moza Banco more efficient in delivering products and services to its customers", Devan Manmoandas points out.

Likewise, abroad and this time invited by the Corinium Intelligence Group, Executive Committee Member, Devan Manmoandas, will join Director of Information Management, Camilo Amarcy, to discuss "Strategies for Implementation of a Data Team and Structuring a Career in the Data Industry", between 29th and 31st May, in Cape Town, South Africa.

At the event, known as DataCon, Moza's representatives will present to over 200 guests, on the topic of "Sensing, Responding and Acting: Prioritising Sustainable Data Strategies for a Changing World".

For Moza Banco, joining these two events reaffirms the bank’s commitment to innovation and digital transformation, always seeking to improve its practices, with the provision of quality products and services to its customers. Thereby, Moza is also complying with its macro-objective of contributing to the sustainable development of Africa, as a whole.

Moza Banco among the best companies to work for in Mozambique
19/05/2023

Moza Banco has been distinguished for the second consecutive year as one of the best organisations to work for in Mozambique. The award was given to the Bank by Tempus Global Group, in light of a survey that aimed to identify and recognize the organisations that offer a great working environment to their employees, and that are therefore positioned favourably to retain and attract the best professionals.

This time, the list of organisations involved in this, the largest benefits survey in Mozambique, increased by 40%, bringing the total number of organisations to 180.

Based on the results obtained, Tempus Global awarded the "Elite Employer" certification to organisations having evaluated four basic aspects of the survey, namely Compensation and Benefits; Work Environment; Career and Culture.

For the Executive Committee Member (MCE), Jaime Joaquim, this is yet another recognition attributed to the Bank, as a result of its commitment to ensuring the most favourable working conditions for its employees, constantly creating a familiar and welcoming environment at the workplace.

For us, it is undoubtedly a moment of satisfaction, since even internationally recognised entities have rated us positively, with regard to the efforts we have been making to ensuring that our employees have good working conditions, in a favourable, welcoming and family-like environment. In fact, at Moza Banco, family is what we all are", the MCE highlighted.

With this award, Moza Banco has positioned itself among the market leaders, specifically in its sector, as one of the best employers in banking, in light of its policies of involving employees in internal strategies for growth, dynamism, innovation and transformation.

As "only people make a bank", Moza invests in human capital with empathy and proximity, ensuring that its employees and dependents know that they can always count on Moza.

Moza Banco celebrates its 15th anniversary with an increase of over one billion in its share capital
16/05/2023

As part of its actions to reaffirm itself in the market and as one of the main banks operating in Mozambique, Moza marked its fifteenth anniversary in June with an increase of more than one billion meticais in its share capital.

With this increase, the share capital of Moza now stands at MZN 7,020,750,000.00 (over 7 billion meticais), which has allowed the bank to reaffirm its strategic position in the market, paving the way to a promising future.

In the last few months, counting from July last year, Moza Banco has witnessed some changes and implemented important decisions to consolidate its presence in the financial sector and face the new challenges imposed by various conjunctural factors.

The Bank now has an even more slender and cohesive shareholder structure, consisting mostly of Mozambican investment, which makes Moza a bank that "Makes it Happen". In fact, for 15 years Moza has demonstrated proactivity, confidence, resilience and engagement in its relentless pursuit and delivery of innovative and necessary financial solutions for its customers. While imperative changes occur to update and streamline the Bank's organizational structure, Moza has kept an unwavering commitment to transformation and quality assurance in the delivery of its products and services.

With the renewed intention of permanently improving the user experience, Moza is working to expand its commercial activities, enhance its branch network, invest in digitalisation, and offer personalised solutions based on knowledge, strategic vision, financial solidity, and social responsibility. The main objective is to respond effectively and efficiently to the needs of its customers, shareholders, and other stakeholders.

According to Moza's Chairperson of the Board of Directors (PCA), João Figueiredo, "the positive and encouraging results of recent financial years, particularly that of 2022, are an unequivocal sign of the Bank's ability to evolve in a solid and sustainable manner.” The coming years will be complex and challenging, requiring exemplary team spirit and engagement from all employees.

"With the implementation of the Strategic Plan 2022-2026 and the transformation projects underway, the Bank believes it has the necessary ingredients to thrive and achieve the success it targets. By celebrating its 15th anniversary, Moza Banco expresses its gratitude to employees, customers, and shareholders, reaffirming its commitment to repay the trust deposited and contribute to the sustainable development of Mozambique," the PCA highlighted, during the Bank's 15th anniversary celebration ceremony held recently in Maputo.

The 15th anniversary of Moza was marked in a festive atmosphere, which saw largely the participation of customers and employees with 15 years of relationship with the Bank.