Banking and Insurance
Highlights
Kixicrédito marks 18 years of existence with 770 thousand projects financed
Kixicrédito, the largest Angolan microcredit institution, celebrates 18 years of existence this Thursday (28 September). In its professional career, the company has financed more than 770 thousand projects, worth around 290 billion kwanzas.
BNA “expectant” with improvement in inflation in the short term
The governor of the National Bank of Angola (BNA), Manuel Tiago Dias, downplayed the rise in prices in August, which he said was limited to some products and was “expectant” of an improvement in the short term.
BNA keeps rates unchanged and says inflation in August was “seasonal”
The National Bank of Angola decided to keep its interest rates unchanged, considering that the rise in prices in August was due to seasonal factors and imbalances between supply and demand.
