Luanda - Angola's currency (Kwanza) has entered into a valuation trajectory following high levels of depreciation recorded since last October 23, the deputy- governor of the National Reserve Bank of Angola (BNA), Manuel Tiago Dias, said on Thursday.More about this news
Luanda - The newly sworn in board of the public Commerce and Industry Bank (BCI) will give special focus on the recovery of bad loans, which has been estimated at AKZ 1 billion, its CEO, Zenaida Gertrudes dos Santos Zumbi, said on Wednesday.
Luanda - the Angolan Central Bank (BNA) is working toward issuing new rules on corporative governance that might come into force officially in 2020, announced last Thursday in Luanda, the Central Bank's Governor, José de Lima Massano.
Luanda - The Central Bank of Angola (BNA) promotes, in the province of Huíla (Parque 4 de Abril, Lubango city), from Thursday October 31 to November 7, the 2nd edition of the Financial Literacy Workshop with the theme “Building Financial Awareness”.
Luanda - Angolan foreign currency exchange market will be operating based on demand and supply to enable the formal exchange market to float freely until it reaches balance in relation to the informal market, the governor of Angola’s National Reserve Bank (BNA), Jose de Lima Massano, said on Wednesday.
Luanda - The Governor of Central Bank of Angola (BNA), José de Lima Massano, has been participating since Sunday in London in the 6th edition of the "FT Africa Summit", an annual initiative of the Financial Times newspaper.
Luanda - The effective revision and enforcement of the anti-money laundering, terrorist financing and proliferation of weapons of mass destruction underway in the country will make the national financial system robust and credible, said the director of the Financial Information Unit, Francisca de Brito.
Luanda - The Angolan Central Bank 's governor (BNA), José de Lima Massano, defended Wednesday, in Luanda, the need for bank workers continued to work with honesty, professionalism so that the country has a solid and robust financial system.
Luanda - The minister of Mineral Resources and Petroleum, Diamantino Azevedo said that the increase in Sonangol's stake in Banco Económico stemmed from shareholder agreements because the Central Bank, as a regulator, has demanded a capital increase and one of its shareholders has not applied it.