Ver Angola

Banking and Insurance

Highlights

Banking and Insurance

BNA and Capital Market Commission want to avoid double supervision

The National Bank of Angola (BNA) and the Capital Market Commission (CMC) signed a memorandum of understanding in the field of supervision of banking financial institutions, aiming to mitigate possible dual supervision conflicts.

Banking and Insurance

Central bank adopts rules to prevent and combat money laundering

National financial institutions must obtain and retain information on occasional transactions exceeding 15 thousand dollars, determined the central bank, which approved new measures to prevent and combat money laundering.

Banking and Insurance

BAI achieved net income of 200 billion in 2023

Banco Angolano de Investimentos (BAI) achieved a net profit of 200 billion kwanzas last year, 99 percent more compared to the 100 billion kwanzas recorded in 2022, the banking institution reported this Thursday.

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