Ver Angola

Banking and Insurance

Highlights

Banking and Insurance

BNA obliges Banco Kwanza to maintain its own funds limit and comply with client transfers

Banco Nacional de Angola (BNA) informed that Banco Kwanza, which convened an extraordinary general meeting (AG) to dissolve the company, will have to comply with the instructions for transferring customers and maintain the limit of own funds.

Banking and Insurance

Former BFA vice-president may lose good standing in Angola

António Domingues, former vice-president of Banco Fomento Angola (BFA), risks losing his reputation in Angola due to alleged irregularities in his bank.

Banking and Insurance

Banks received more than 3000 requests for suspension of credit

The banks received 3167 requests for a moratorium on credit, to the value of 32.68 billion kwanzas, as part of the flexibility decreed by the Banco Nacional de Angola (BNA) due to covid-19.