Banking and Insurance
Highlights
Credit to the economy increases 29 percent in May compared to the same period last year
Credit to the economy increased by 1.4 trillion kwanzas in May, 29 percent more than in the same period last year, the central bank announced on Tuesday.
Banks can maintain investment activities until 2030
The Financial System Supervisory Council (CSSF) decided to extend until December 31, 2030 the exceptional period that allows banks to develop, on a limited basis, investment services and activities in securities and derivative instruments.
Deloitte: Angolan banks’ credit and deposits increase, but financial inclusion is a challenge
Credit granted to customers and deposits in Angolan banks registered growth in 2024, according to a study by Deloitte, but it is necessary to continue strengthening financial inclusion, highlighted the president of the consultancy in Angola, José...
