The sale of BCI is the "first privatisation in the financial sector and its result will be very important to understand all those that will follow," the minister said, speaking to Bloomberg and cited by Jornal de Angola.
In relation to the tender for purchase of BCI, Nunes Júnior said that possible candidates for buying the bank would be chosen this month to take part in the tender, which would be carried out via a stock exchange auction.
Manuel Nunes Júnior also said that the government would try to sell its holdings in several banks, including BAI.
The minister also spoke about the privatization of Sonangol, Ediama and TAAG. The minister indicated that the alienation of the participations in these companies is expected to advance next year.
For Sonangol, the government expects to sell about 30 percent of its capital stock. According to Baltazar Miguel, a member of the board of directors of the flagship oil company, also speaking to Bloomberg, he expects that this sale will earn the state around US$6.4 billion.
