Ver Angola

Economy

First Regional Agency of the country's Credit Guarantee Fund opened in Benguela

The first Regional Agency of the Credit Guarantee Fund in the country opened its doors this Wednesday in the municipality of Lobito, in Benguela.

: Facebook Governo Provincial de Benguela
Facebook Governo Provincial de Benguela  

According to a statement from the Provincial Government of Benguela, to which VerAngola had access, the agency was inaugurated by the president of the Board of Directors of the Credit Guarantee Fund (FGC), Luzayadio Simba, in a ceremony that included the testimony of the municipal administrator of the Lobito, Evaristo Calopa Mário, representing the provincial governor, as well as the administrators of FGC for Business, Eduardo Katalahary Mohamed, and of Finance, Efigénia Mpengo, members of the local government, businesspeople and guests.

This agency will not only serve the province of Benguela, but also the regions of Huambo and Bié.

"The opening of this agency is part of the FGC's service expansion program, which aims to facilitate access to credit/bank financing for micro, small and medium-sized companies, through the issuance of guarantees", the note reads.

According to the note, with the launch of this agency, "it is expected to serve around 100 people daily, see the volume of requests from entrepreneurs grow and increasingly encourage public guarantees, with a view to obtaining bank financing".

This agency in Lobito concerns the first "of a set of five regional representations" of the FGC, to be installed, equally, in the provinces of Luanda, Huíla, Cabinda and Lunda Sul, within the scope of the "expansion and rapprochement of services of the non-bank financial institution to promoters".

Remember that the FGC was created by Presidential Decree on May 4, 2012.

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