Ver Angola

Banking and Insurance

BAI distinguished with 'Safest Bank in Angola' award

Banco Angolano de Investimentos (BAI) was awarded the 'Safest Bank in Angola in 2023' award by the North American magazine Global Finance.


The 'Safest Bank' award, part of the 32nd annual edition of the ranking of the safest banks in the world, is "the result of BAI's performance in the evaluation of long-term ratings in foreign currency from the financial rating agencies Moody's, Standard & Poor's and Fitch, among the 1000 largest banks in the world", says a statement sent to VerAngola by the institution.

According to the publication's director, Joseph D. Giarraputo, “with inflation rising around the world, the solidity of banks continues to be the cornerstone of world trade during these times”.

The president of the BAI Executive Committee, Luís Lélis, said that “several macroeconomic factors make the current moment particularly complex due to the pressure on the economy and society”, but highlighted that “with the trust and loyalty of customers, with the competence , commitment and commitment of employees and with the strategic support of shareholders, we are more than certain that BAI will continue to make a significant contribution to minimizing the impacts of this most challenging moment, both for the country and for the world economy”.

About Global Finance

Founded in 1987, Global Finance has readers in 193 countries, with a circulation of 50,000 copies. With extensive experience in financial markets, it has become a reference in the banking area and its target audience is the largest international investment portfolio managers.

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