Banking and Insurance
Highlights
Former BESA wants compensation of more than four billion from Salgado and former directors
Banco Económico, which succeeded the former Banco Espírito Santo Angola (BESA), asked to be an assistant in the case against Ricardo Salgado, Álvaro Sobrinho and three other former administrators and wants compensation of more than four billion...
Banks with falling profitability and exposure to sovereign risk, says BNA
The banking sector remained solid in the face of the risks of financial activity in the second quarter of 2024, despite exposure to sovereign risk, increased credit risk and decreased profitability, according to the National Bank of Angola (BNA).
Standard Bank Group named one of the world’s best employers
Standard Bank, the largest financial group in Africa by assets, has once again achieved international recognition by being named one of the world’s best employers by Forbes magazine. The bank is ranked 18th worldwide among the 850 largest...
