Ver Angola

Banking and Insurance

BFA will close six points of service and open new branch on Monday

Next Monday, January 10, Banco de Fomento Angola (BFA) will close six points of service – four posts and two branches – as well as inaugurate a new branch in Sequele, Luanda province.

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At issue are the service posts in the Port of Cabinda, the Port of Lobito, the Santa Clara border post and Largo 4 de Fevereiro. The two agencies that will permanently close their doors are Rocha Pinto II and Palanca, both in Luanda.

In addition, still on Monday, the BFA will also open a new branch in Sequele.

The bank's management, cited by Expansão, says that despite the closing of less profitable service points, there will be no layoffs, and workers will be replaced in other posts.

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