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Economy

  • Central Bank reassures customers of Mais and Postal banks
    Fri, 11 Jan 2019 18:31

    Central Bank reassures customers of Mais and Postal banks

    Luanda - The Central Bank of Angola (BNA) announced on Friday that the clients of Mais and Postal banks, whose licenses were revoked on the 2 January, could withdraw their funds or transfer them to other financial institutions, as from 14 January.

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  • Thu, 13 Dec 2018 17:02

    BNA raises interest rate of bank account "Bankita a Crescer"

    Luanda - The National Bank of Angola (BNA) raised the interest rate of the bank account “Bankita a Crescer" from seven to an annual 12, 5% interest rate, said this week the Central Reserve Bank.

  • Sun, 02 Dec 2018 12:16

    Companies can repatriate up to USD 5 million without Central Bank's permit

    Luanda - Foreign companies operating in the Republic of Angola are allowed to repatriate to their countries of origin up to USD 5 million from their incomes, which result from activities in Angola, without the permit of this country's Central Bank (BNA).

  • Wed, 14 Nov 2018 18:19

    Expo-Industry: BPC promotes USD 5 mln loan portfolio

    Luanda - At least 5 million US dollars is the limit of the amount the Savings and Credit Bank (BPC) released to fund small, medium and large companies of the industry, construction and production sectors.

  • Mon, 22 Oct 2018 16:56

    BNA warns banks to observe prepayment rules

    Luanda - The National Reserve Bank of Angola (BNA) will sanction commercial banks that do not observe the rules applicable to foreign exchange transactions of prepayments and will be prevented from carrying out new foreign exchange operations of merchandise imports.

  • 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.

  • 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.