In Luanda on Thursday, 18 June 2026, the Angolan Government called for a more dynamic and development-oriented banking sector to play a stronger role in the national economy.
Speaking at the opening of the 20th edition of the “Banking in Analysis 2026” study, the Secretary of State for Finance and Treasury, Ottoniel dos Santos, emphasized the need for banks to move beyond profitability metrics and focus on their broader impact on economic transformation.
He noted that as the banking sector strengthens, public expectations rise for it to support value-generating investments, financial inclusion, and job creation. The sector, he said, must be positioned as a strategic engine for productive investment, exports, and competitive enterprise development.
While acknowledging that Angola’s banking industry continues to demonstrate robustness, efficiency, and profitability, he cautioned that the wider economy still requires deeper diversification and increased productive capacity.
The annual “Banking in Analysis” report, published by Deloitte Angola, benchmarks financial institutions across key indicators including size, profitability, and efficiency, serving as a reference point for the country’s financial sector performance and reform trajectory.