According to a press release, the plan, which will have the support of the insurance company Fidelidade, is an initiative that reflects the investment and focus on current and future employees of Caixa Angola, and does not represent a financial effort for the employee.
The initiative allows the individual, his heirs or whoever he appoints, to enjoy an extra income in the event of retirement (even due to disability) or death.
"Once again, in the year in which it became the first foreign-owned company to be listed on the country's Debt and Stock Exchange and about to enter its 30th anniversary in Angola, Caixa Angola is doing a double bets on financial innovation", said the executive director of Caixa Angola, Francisco Santos, quoted in the note.
The official highlighted that the bank is "at the forefront in favor of its employees, giving them the opportunity to benefit from professional management by third parties, with a view to generating wealth in the long term, thus meeting their future financial needs".
"And secondly, bringing to the Angolan financial market a new product that encourages savings and collective long-term investment", said Francisco Santos.
Banco Caixa Geral Angola was the first private banking institution to operate in the Angolan market after independence. It is present in eight provinces of Angola, supported by a network of more than 30 branches and a team of more than 500 professionals.
