Banking and Insurance
Highlights
BNA predicts inflation rate of 17.5 percent by the end of 2025
The central bank maintained the reference interest rate at 19.5 percent, given the slowing trend of inflation, which is expected to reach 17.5 percent this year, said the governor of the National Bank of Angola (BNA).
Insurance regulator recorded violations in 20 cases last year
The Angolan Insurance Regulation and Supervision Agency (ARSEG) instructed 39 sanctioning processes in 2024, and 20 resulted in fines between four million kwanzas and 20 million kwanzas.
Bank recorded drop in asset quality in the fourth quarter of 2024
The banking sector recorded a deterioration in indicators and asset quality in the fourth quarter of 2024, with an increase in credit risk, the National Bank of Angola (BNA) revealed this Monday, but demonstrates solidity in the face of risks.
