Published at 12/12/2017

BCI and BIOFUND launch the bio card

The Commercial and Investment Bank (BCI), in partnership with the Foundation for the Conservation of Biodiversity (BIOFUND), on 8 December launched Mozambique’s first biodegradable debit card- the bio card.

This innovative product of biological origin is made from PLA (polylactic acid), a substitute for plastic derived from petroleum, which is obtained from renewable sources (maize). It can be recycled, and incinerated or deposited in landfills, because it is not toxic.

The bio card together with a BCI current account, allows the client to undertake a series of banking operations, in complete comfort and security, at any Point of Sale (POS) terminal or Automatic Teller Machine (ATM) of the Visa Electron or SIMOrede networks, in Mozambique and abroad. In addition to the banking component, the bio card is associated with the BCI social responsibility programme, under which, every time that the card is used at a POS, the BCI channels a percentage (0.04%) of the amount of the transaction to BIOFUND, without any cost to the client, thus allowing all Mozambicans to contribute actively towards the conservation of the rich biodiversity of our country. See here the poster for the bio card.

The ceremony launching the card took place in the auditorium at the head office of the BCI. Its central moments were the signing of the Memorandum of Understanding between the BCI and BIOFUND, by the Chairperson of the Executive Commission of the BCI, Dr. Paulo Sousa, and the Chairperson of the Board of Directors of BIOFUND, Dr. Abdul Magid Osman, and the symbolic handover of bio cards.

On the same occasion, the exhibition “Biodiversidade de Moçambique (Biodiversidade Daqui)” [“Biodiversity of Mozambique (Our Biodiversity)”] was opened. Until 15 December, the exhibition will display about 50 photos of rare beauty showing various species of flora and fauna, and habitats, taken in the Maputo Special Reserve (REM), in the Ponta Do Ouro Partial Marine Reserve, and at Mount Namuli. It is open to the public at the BCI head office, on Av. 25 de Setembro, Nº 4, from 09.00 to 17.00.

On this occasion, the films “The Biodiversity of Mozambique” and “The Biodiversity of the Maputo Special Reserve (REM)” were also shown illustrating the biodiversity of the country, and the landscape and wildlife wealth of the Maputo Special Reserve (REM) and of the Ponta Do Ouro Partial Marine Reserve.

You can obtain more information on the launch of the bio card at the following links: