Banking and Insurance
Highlights
Insurance premiums in the country grew 21.4 percent in 2023
Insurance production in the country grew 21.4 percent in 2023 compared to the same period last year, reaching gross premiums of 379.7 billion kwanzas, with accidents and illnesses leading the sector, it was announced this Wednesday.
Transactions on the Multicaixa network grew 9.3 percent in August
Transactions on the multicaixa network in Angola grew 9.3 percent in August, compared to the previous month, totaling 3.28 billion kwanzas and increased 39.2 percent compared to the same period last year, according to a report.
Competition approved the purchase of Banco Keve by Grupo Carrinho
The Competition Regulatory Authority (ARC) approved the entry of Grupo Carrinho into the shareholder structure of Banco Keve, with the purchase of a large part of its share capital, stating that the deal does not create barriers to competition.