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Home  »  Central Banks Worldwide  »  Bank of Mozambique

Bank of Mozambique

 

Bank of Mozambique Logo

The Bank of Mozambique (Portuguese: Banco de Moçambique) is the central bank of Mozambique. The bank does not function as a commercial bank, and has the responsibility of governing the monetary policies of the country. The president of the Republic appoints the governor.

 
 

The Bank of Mozambique therefore has to ensure the value of domestic currency through the adoption of measures to ensure price stability. The institutional values comprise the basic cultural values of the organization and represent a set of principles within which the bank operates in order to achieve the qualitative performance and the intended institutional success.

Vision of the Bank of Mozambique is to ensure price stability and the expansion of financial services throughout the country; promote a competitive, healthy and sound financial sector; and face with success the challenges of regional integration and dynamics of international development.


In pursuit of this, the Bank shall uphold the following core missions:

 • Banker to the Government;
 • Adviser to the Government in financial domain;
 • Controller and manager of foreign exchange and monetary policies;
 • Manager of the country’s external reserves;
 • Intermediary in monetary international relations; and
 • Supervisor of financial institutions.

The Bank's head office is in Maputo, the capital city of Mozambique. The bank is currently represented by regional branches in Beira and Nampula provinces and single branches in Pemba, Lichinga, Quelimane, Tete and Maxixe cities. Two new branches will be open shortly in Chimoio and Xai-Xai cities, thus completing the Central Bank representativeness throughout the country.
 

Bank of Mozambique HQ Location Map

Bank of Mozambique
HQ Address: Av. 25 de Setembro nº1695
Maputo
Mozambique
Tel: +258 2135 4600
Fax: +258 2132 3247
Website: www.bancomoc.mz
Swift Code: BMOCMZMA
Currency: Metical
Banking Hours:
Monday - Friday : 0730 - 1530
 

 

 

List of banks governed by the Bank of Mozambique
» Millennium International Bank » BancABC » Banco Terra
» Barclays Bank » First National Bank Mozambique » Moza Banco
» Standard Bank » Socremo Microfinance Bank » Banco Tchuma
» Banco Comercial de Investimentos (BCI) » Banco Mercantil e de Investimentos (BMI) » Banco Nacional de Investimentos (BNI)
» International Commercial Bank » Procredit Bank » Banco Unico (BU)
» Mauritius Commercial Bank (MCB) » Opportunity Bank Mozambique

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