According to the statistical information note on BNA credit, consulted this Monday by Lusa, private sector indebtedness (private companies and individuals) amounted to 89.25 percent and that of the public sector (public administration and public companies) accounted for 10.75 percent of indebtedness.
"The non-financial public sector debt totaled 615.3 billion kwanzas, of which 46.70 percent referred to public administration and 53.30 percent to public companies. Compared to the same period last year, there was an increase of 225.84 billion kwanzas (57.98 percent)", says the note.
As for private sector indebtedness, the document stresses that there was also an increase of 657.8 billion kwanzas (14.79 percent), from 4.45 billion kwanzas in July 2022 to 5.11 billion kwanzas, in July 2023.
"Being that the indebtedness of non-financial private companies corresponded to 3.86 billion kwanzas, with an increase of 323.48 billion kwanzas (9.14 percent) and the indebtedness of individuals corresponded to 1.25 billion kwanzas kwanzas, with an increase of 334.39 billion kwanzas (36.70 percent)", highlights the Angolan central bank.
With regard to the real sector, in the month under review, gross credit to the non-financial sector allocated in this domain totaled 1.33 billion kwanzas, representing 23.17 percent of total gross credit to the non-banking sector and an increase of 350.81 billion kwanzas (35.94 percent), compared to the same period last year.
Gross credit granted under BNA notices to promote the royal sector totaled 944.51 billion kwanzas, which corresponded to 71.18 percent of total credit to the royal sector, higher than July 2022, by 324.36 billion kwanzas (52.30 percent), an increase influenced mainly by the sectors of agriculture, animal production, hunting, forestry and fisheries, with a focus on sugarcane culture and derivatives.
"Housing loans granted to individuals totaled 250.20 billion kwanzas, of which 53.02 billion kwanzas were granted under the Notice No. 09/2022, of April 6, representing 21.19 percent of the total amount", says the note.