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Tue, 11 Nov 2014 08:05 - Updated Tue, 11 Nov 2014 08:06

Basketball: BIC Bank replaces BAI as official sponsor of basketball championship

Luanda - BIC Bank will be the new sponsor of the national senior men?s basketball championship, in replacement of the Angolan Investment Bank (BAI), Angop learnt on Monday.

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Signature of Agreement between BIC bank and FAB

Photo: Clemente Santos

The agreement was signed on Monday in Luanda by the CEO of the BIC bank, Fernando Telles and the president of the Angolan Basketball Federation (FAB), Paulo Madeira, in a meeting that counted on the presence of the representatives of clubs that will participate in the championship.

Fruit of the deal, valid for one renewable year, the competition, to be played on 21 November- 10 May, will now be dubbed “BIC Basket”.

Speaking to the press at the end of the meeting, Fernando Telles explained that BIC bank has social responsibility in the country and the support to sport is one of them.

The manager recalled that BIC has already been supporting other sports and he hopes that the bank may take advantages of this deal with FAB.

On his turn, Paulo Madeira informed that the support will give some stability to the federation in the management of the competition.

Without disclosing the amounts, the FAB president said that the agreement will give more guarantees than the previous and it is more favourable, having into account the intentions of the federation, justifying the change of a sponsor to another one.

Tags Basketball  

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