Ver Angola

Banking and Insurance

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Banking and Insurance

Banco Nacional de Angola revokes Kwanza Investimento Bank license

The National Bank of Angola revoked this Monday the license of Banco Kwanza Investimento (BKI), due to insufficient regulatory own funds, warning the institution's clients that they will have until 31 January to make withdrawals and transfer their...

Banking and Insurance

Prodesi Credits: banks denounce climate of tension and threats with the regulator

Several commercial banks have denounced a climate of tension and threat by accusing the National Bank of Angola (BNA). The banks complain that the regulator has sent e-mails and letters pressuring them to meet the minimum credits required by...

Banking and Insurance

BFA will install over 65 ATM's throughout the country in the first quarter of this year

During the first quarter of this year, the Banco de Fomento de Angola (BFA) plans to install and/or replace more than 65 ATM's throughout the country. The bank explained in a statement published on its website that this measure aims to "improve...