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Economy

  • Zaire: BFA bank opens first branch in Mbanza Kongo
    Fri, 05 Oct 2018 15:34

    Zaire: BFA bank opens first branch in Mbanza Kongo

    Mbanza Kongo - Banco Fomento Angola (BFA) inaugurated Friday a branch in Mbanza Kongo, the capital of the northern Zaire province.

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  • Thu, 27 Sep 2018 18:43

    Banco Postal expands services in Country

    Luanda - Banco Postal has announced an investment of 18 billion kwanzas in opening process of the new service points (Xikila Money) in the 16 provinces of the country.

  • Wed, 26 Sep 2018 16:31

    AfDB releases USD100 mln to finance BAI projects

    Luanda - The African Development Bank (AfDB) will make available USD 100 million for the Angolan Bank of Investment (BAI) to finance various projects.

  • Wed, 26 Sep 2018 11:58

    National Bank of Angola and US Federal Reserve gathered in New York

    New York - Managers of the National Bank of Angola (BNA) and the US Federal Reserve are due to meet this Wednesday, in New York, in a period that the African country is trying to recover the trust of American banks.

  • Tue, 25 Sep 2018 18:14

    Angola: BNA to sell USD 650 million in October

    Luanda - Angola's National Reserve Bank (BNA) will put up for sale foreign currency equivalent to USD 650 million, less USD 50 million compared to September.

  • Wed, 19 Sep 2018 09:14

    Central Bank to terminate direct sale of foreign exchange

    Luanda - The National Reserve Bank of Angola (BNA) last Tuesday announced that it is to terminate, on 01 October, the direct sale of foreign exchange and will instruct the resumption of such activity by commercial banks and other authorised financial institutions.

  • Sun, 09 Sep 2018 11:19

    BPC Bank to require 20 percent from companies interested in AfDB loan

    Luanda - Entrepreneurs from small and medium-sized enterprises (SMEs), interested in the USD 325 million financing line of the African Development Bank (AfDB) are expected to have 20% of the overall investment value.

  • Thu, 06 Sep 2018 19:11

    BNA releases 50 million Euros

    Luanda - Angolan National Reserve Bank (BNA) Wednesday made available 50 million Euros to commercial banks to cover the operations of commercial and private interests, as part of its second session of sale of foreign currencies of September.

  • Mon, 03 Sep 2018 19:17

    BNA puts 130 million Euros on market

    Luanda - The National Reserve Bank of Angola (BNA) Monday held two auctions of foreign exchange, placing the global market value of 130 million Euros, under the new monthly modality of foreign exchange sales.