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Economy

  • Central Bank calls for professionalism to consolidate banking system
    Wed, 14 Aug 2019 18:13

    Central Bank calls for professionalism to consolidate banking system

    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.

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  • Tue, 13 Aug 2019 18:47

    Sonangol injects capital into Banco Económico to respond regulator

    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.

  • Tue, 13 Aug 2019 11:40

    BAI Bank and General Tax Administration sign agreement

    Luanda -The Angolan Investment Bank (BAI) and the Social Security of the General Tax Administration (CPATT) signed an agreement which will secure the offer of banking services in varied conditions for over 4,000 benefiters of this institution.

  • Mon, 05 Aug 2019 18:21

    ATM can now transfer AKz 3 million per day

    Luanda - Automatic Telling Machine (ATM) card users can now transfer up to 3 million kwanzas (AKZ) per day, Angop learns Monday from a source with the Interbank Service Company (Emis) and commercial banks.

  • Fri, 26 Jul 2019 10:39

    State to spend USD 11 million / year on cyber security

    Luanda - The Angolan State could spend US $ 11 million / year on cybersecurity, with the implementation of systems and the computer incident response center, announced Thursday, in Luanda, the director general of the National Information Society Development Institute (INFOSI), Meick Afonso.

  • Wed, 24 Jul 2019 11:38

    BNA excludes 19 banks from this week's currency auction

    Luanda - Only seven commercial banks are eligible to participate in this week's Central Bank foreign exchange auction, namely Standard Chartered Bank, Standard Bank, Finibanco, BPC, BDA, Angolan Commercial Bank, being excluded 19, for not presenting the execution report of previous edition.

  • Tue, 23 Jul 2019 18:11

    BNA supports creation of business incubators

    Luanda - The National Bank of Angola (BNA) and Higher Institute of Science, Technology and Innovation (MESCTI) signed on Monday in Luanda, a Memorandum of Understanding intended to promote the creation of business incubators based on digitalization of payment services.

  • Tue, 16 Jul 2019 19:09

    WB raises Angola funding to USD 2.52 billion

    Luanda - The World Bank today increased the volume of the project portfolio to Angola to a total of US $ 2.5 billion, after approval by its Board of Directors of a new financial package for the country in the total value of USD 1.32 billion.

  • Tue, 16 Jul 2019 17:51

    Angola, WB sign agreement to support privatizations

    Luanda - The Angolan government and World Bank signed on Monday in Luanda, three agreements to support the implementation of the reimbursable Technical Assistance (RAS) and Reforms and Privatizations of Public Firms and Private-Public Partnerships Programme (PPPs).