Angolan bank with drop in profitability and exposure to sovereign risk
The Angolan banking sector remained resilient in the second quarter of 2024 despite facing challenges such as exposure to sovereign risk, increased credit risk, and […]
BNA
Angolan financial system to be subject to joint internal supervision from October
The Angolan Council of Financial System Supervisors (CSSF) and its partners, the insurance supervisory agency and the Capital Market Commission (CMC), will carry out joint […]
BNA makes available a bond portfolio worth US$ 350 million at a rate of 5.90%
The National Bank of Angola (BNA) placed on the market Treasury Bonds worth US$350 million, to be purchased in kwanzas, with an annual interest rate […]
National Bank of Angola warns about illegal activity of micro-credit company Estev Edmar
The National Bank of Angola (BNA) warned on Thursday the existence of a micro-credit company, Estev Edmar, not qualified for the exercise of financial activities, […]
Angolan financial institutions sanctioned in 684 thousand euros by the end of 2022
The Angolan central bank concluded 118 sanctioning processes in banking and non-banking financial institutions in the last quarter of 2022, amounting to 372.4 million kwanzas […]
Angola: BNA abolishes foreign exchange control department, strengthens inspection and monitoring
The National Bank of Angola (BNA) has announced on Tuesday, the termination of its foreign exchange control department and the strengthening of the areas of […]
National Bank of Angola warns about illegal activity of three payment companies
The National Bank of Angola (BNA) yesterday warned three companies that are illegally carrying out financial activities – Elite Service, Kwanza Net and Big Bizness […]
Angolan central Bank and UNDP sign memorandum to strengthen financial inclusion
The National Bank of Angola (BNA) and the United Nations Development Program (UNDP) in Angola signed, this Wednesday in Luanda, a memorandum to strengthen cooperation […]
Angola reduces benchmark interest rate to 19.5%
The central bank of Angola decided on Monday to reduce the reference interest rate from 20% to 19.5%, arguing with the slowdown in inflation and […]
Morocco Carries on Talks with Gulf States at Bilateral Level
After attending the first Morocco-GCC summit held last Wednesday in Riyadh to bolster the strategic partnership existing between Morocco and the member states of the […]