Ver Angola

Banking and Insurance

Government gives green light to BCI privatisation process to be completed this year

The Government decided to proceed with the privatisation of the Bank for Trade and Industry (BCI). The process is expected to be completed later this year.

:

According to the Presidential Order, dated 5 May, the sale of BCI shares held by the State should be done under a Stock Exchange Auction.

The same document, cited by the Jornal de Angola, indicates that the auction will only be aimed at qualified candidates and determines that the entire process be verified and validated by the Minister of Finance, Vera Daves.

According to the Executive's timetable, privatisation is expected to be completed later this year as some of those interested in acquiring the shares have already been identified.

According to the same newspaper, there are foreign and domestic interested parties and all have experience in African markets.

The bank's privatisation comes under the executive's Privatisation Programme (Propriv).

Permita anúncios no nosso site

×

Parece que está a utilizar um bloqueador de anúncios
Utilizamos a publicidade para podermos oferecer-lhe notícias diariamente.