Angola Unveils $30bn Kwanza Relief Package for Businesses Hit by Disasters
On April 23, the Government of Angola has announced a 30 billion kwanza credit facility to support companies affected by natural disasters across multiple provinces, […]
National Bank of Angola
Angolan bank with drop in profitability and exposure to sovereign risk
The Angolan banking sector remained resilient in the second quarter of 2024 despite facing challenges such as exposure to sovereign risk, increased credit risk, and […]
Gross credit to the Angolan non-financial sector grew 25% in August
Gross credit to Angola’s non-financial sector surged by 25% in August 2023 compared to the same period in 2022, reaching 7.3 trillion kwanzas (€6.9 billion), […]
National Bank of Angola imposes sanctions of 1.1 ME on Angolan financial institutions
The National Bank of Angola (BNA) has announced that sanctions worth 1 billion kwanzas (1.1 million euros) will be imposed on banking and non-banking financial […]
Angolan stock exchange wants to launch commodities market to finance agriculture
The Angolan Debt and Securities Exchange (Bodiva) is studying the creation of a commodities market to trade agricultural products and help finance this sector, an […]
Regulator fines Banco Angolano de Investimentos 20 thousand euros
The National Bank of Angola has fined Banco Angolano de Investimentos (BAI) 15 million kwanzas (about 20,000 euros) for violating consumer protection standards for financial […]
Angola: President dismisses Minister of Economic Coordination, BNA Governor to take office
Manuel Nunes Júnior is fired one week after the Government announced gasoline price hikes as a result of the partial withdrawal of fuel subsidies. The […]
BNA makes available a bond portfolio worth US$ 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, […]
National Bank of Angola suffers almost 350 cyber attacks daily
The National Bank of Angola (BNA) registers about 350 cyber attacks daily, said on Wednesday, in Luanda, the governor, who stressed that the system has […]