Ver Angola

Banking and Insurance

Highlights

Banking and Insurance

Regulator calls BIC after announcement of layoffs

The National Bank of Angola said, this Thursday, that it wants to hear from the administration of the Banco Internacional de Comércio (BIC) about the intention to close branches and lay off workers, to understand the reasons behind this decision.

Banking and Insurance

Independent assessment of Banco Económico completed in August

The vice-governor of the National Bank of Angola (BNA) said, this Thursday, in Luanda that Banco Económico (formerly BESA) is being subject to an independent assessment to make a decision regarding the future of the banking institution.

Banking and Insurance

Credit to the non-financial sector increased by almost 30 percent in May to 6.7 billion kwanzas

Gross credit to the non-financial sector increased by 28.6 percent in May to 6.7 billion kwanzas, with the largest share going to the private sector, according to the National Bank of Angola (BNA).

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