Full Year 2021 Banco Comercial Portugues SA Earnings Call Transcript

Mar 01, 2022 / 09:30AM GMT
Operator

Thank you for standing by, and welcome to the Millennium bcp 2021 Earnings Conference Call. (Operator Instructions) I must advise that your conference is being recorded today.

I would now like to hand over to the speaker, Mr. Miguel Maya, CEO. Please go ahead, sir.

Miguel Maya Dias Pinheiro - Banco Comercial Português, S.A. - 3rd Vice Chairman, CEO & Member of Board for International Strategy

Good morning. This is Miguel Maya speaking. Welcome to BCP earnings conference call. I will go through the highlights of our performance in 2021. Then Miguel Braganca and Bernardo Collaco will follow to provide you more details about the earnings.

In 2021, there was a relevant recovery of the economic activity despite being a year still marked by consecutive waves of the pandemic that have significantly impacted our social life, but also the performance of companies, both dimensions that affected more incisively the business of a bank with a strong retail franchise as BCP. The growth trends observed in 2021 were expected to last for the following

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