Ver Angola

Banking and Insurance

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Banking and Insurance

Banco Caixa Angola fined for infractions in the fight against money laundering

The National Bank of Angola announced this Wednesday that it has imposed fines on Banco Caixa Geral de Angola and Banco de Poupança e Crédito for offenses related to money laundering, in the amount of 456.5 million kwanzas each.

Banking and Insurance

Banks maintain exposure to sovereign risk but “with a decreasing trend”

The banking sector remained solid in the first quarter of this year, despite the concentration of activity in systemically important banks and exposure to sovereign risk with a “decreasing trend”, according to the National Bank of Angola (BNA).

Banking and Insurance

Gross credit to the non-financial sector increased by 31.9 percent in April

Gross credit to the Angolan non-financial sector reached 6.4 billion kwanzas in April, increasing around 31.9% compared to the same period last year, announced the central bank.

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