Ver Angola

Banking and Insurance

Standard Bank of Angola challenges companies to use leasing to expand and improve their operations

Standard Bank of Angola (SBA) is challenging Angolan companies to resort to leasing, a medium and long-term credit that aims to finance movable assets and equipment, intended for the acquisition of new vehicles, machinery and equipment, with a competitive price and a term adapted to the customer's financial availability, with the option to purchase at the end of the contract.

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Leasing is suitable for corporate vehicle fleets, such as buses, cars, among others, as well as equipment and machinery in various sectors of activity, with the following advantages: ease of obtaining credit approval; 14 percent VAT on the invoice paid by the bank; adjustable term for the customer; option to keep the asset at the end of the contract.

"This is the ideal solution for optimizing company operations and business and boosting the economy. It is an attractive financial investment option that helps companies obtain the resources they need to expand and improve their operations and offering, without having to make a large initial investment", argued Carlos Diakiese, Director of Business Solutions for Small and Medium-sized Companies at SBA.

Fleet leasing is designed for companies that need a set of vehicles for their operations, including transport, mobility, logistics and delivery companies, and others that need a fleet of vehicles to provide their products and services.

In turn, agricultural leasing allows companies to obtain equipment to increase their production, such as the acquisition of tractors, agricultural machinery, solar panels and other equipment associated with the primary sector of the economy.

Equipment and machinery leasing allows companies in different sectors, such as construction, manufacturing and technology, to acquire equipment and machinery for their operations, such as construction machinery, manufacturing equipment, among others.

"To guarantee the safety of customers' equipment, at Standard Bank we also offer insurance for equipment and installations, which provides coverage for material damage suffered by the insured assets, as a result of an accident originating external to these assets, whatever the cause", said Carlos Diakiese.

The insurance is also applicable to special conditions such as seismic phenomena, strikes, riots and disturbances of public order, acts of vandalism, theft or robbery, and civil liability - operation of mobile machinery.

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