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Economy

  • BAI bank launches first ATM with deposit service
    Thu, 18 Jan 2018 11:47

    BAI bank launches first ATM with deposit service

    Luanda - The African Investment Bank (BAI) launched this month, in Luanda, the first ATM with the deposit service, aimed at satisfying the needs of the Angolan market and respond to the country’s banking system evolution.

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  • Wed, 17 Jan 2018 10:07

    Foreign exchange sale rises slightly at Bank Reserve auction

    Luanda - The Angolan National Bank Reserve (BNA) conducted on Tuesday the second foreign exchange sale auction this year, which recorded a slight rise in the price with one EURO being auctioned at AKZ 248, 77 and one US Dollar at 202, 6 Angolan Kwanzas.

  • Thu, 04 Jan 2018 18:51

    Exchange rate calculated through average value of auctions

    Luanda - The value of the new Kwanza exchange rate against other currencies is determined by the transactions that take place in auctions of currencies in the primary market, which will be calculated through the weighted average sales to commercial banks, according to a press release from National Reserve Bank (BNA).

  • Wed, 03 Jan 2018 19:07

    Presentation of BNA performance registers setback

    Luanda - The governor of the National Reserve Bank of Angola Wednesday admitted that there was a major setback in the public presentation of the institution's 2016 performance report.

  • Thu, 14 Dec 2017 17:33

    BDA keeps receiving funds to re-launch productive sector

    Luanda - The Angolan Government will continue to put necessary funds to the Angolan Development Bank (BDA), so that this financial institution can leverage public investments, aimed at improving the business environment in the country.

  • Thu, 14 Dec 2017 10:54

    BNA reveals existence of USD 30 billion abroad

    Luanda - At least US $ 30bn of Angola's assets are deposited abroad in correspondent commercial banks, said on Wednesday in Luanda the governor of the National Reserve Bank of Angola (BNA), José de Lima Massano.

  • Tue, 21 Nov 2017 12:17

    BNA foreign currency sales rise by 22 percent

    Luanda - The central Banco Nacional de Angola (BNA)’s foreign currency sale in the last seven days reached 261,1million Euros, an increase of 22 percent as compared with the previous week.

  • Thu, 12 Oct 2017 15:14

    Angola attends Bretton Woods meetings

    Luanda - Angola has been participating since Wednesday through Finance Minister Archer Mangueira at the annual meetings of the International Monetary Fund and the World Bank Group.

  • Tue, 10 Oct 2017 06:41

    Angola at annual meetings of Bretton Woods institutions

    Luanda - An Angolan delegation is attending on 9-15 October in Washington DC, United States of America, the annual meetings of the International Monetary Fund and the World Bank.