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National Bank of Angola

Angolan bank with drop in profitability and exposure to sovereign risk

October 15, 2024 Steven Addamah 0

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

September 27, 2024 Geraldine Boechat 0

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

January 21, 2024 Geraldine Boechat 0

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

December 20, 2023 Steven Addamah 0

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

June 16, 2023 Steven Addamah 0

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

June 9, 2023 Geraldine Boechat 0

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%

May 24, 2023 Steven Addamah 0

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

May 19, 2023 Geraldine Boechat 0

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

May 11, 2023 Geraldine Boechat 0

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 […]

Angola foresees economic growth of 3.6% for 2023-2027

April 27, 2023 Steven Addamah 0

The Minister of Economy and Planning said Wednesday that Angola foresees for 2023-2027 a growth of 3.6%, with a positive initial performance of the oil […]

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  • 69th anniversary of Moroccan Army: King Mohammed VI calls for constant adaptation to accelerating world changes
  • Nigeria Records Strongest Economic Growth in a Decade Amid Structural Reforms
  • Mali’s Gold Rush in the Crosshairs: Armed Groups Tighten Grip on Mining Hubs
  • French AFD Supports OCP’s Green Transition Program with €350 Million
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