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Economy

  • Sat, 14 Sep 2019 13:39

    BNI bank wins African award

    Luanda - The International Business Bank (BNI) won, in South Africa, the award for best banking institution in Angola for having the best money laundering prevention practices.

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  • Thu, 01 Aug 2019 18:34

    Central Bank provides USD 500 million for auctions in August

    Luanda - At least 500 million US dollars is the amount of foreign currency that the Central Bank of Angola (BNA) has made available for sale at auction of price and quantity, for this August, 100 million more than the month of July.

  • Wed, 10 Jul 2019 13:17

    National Bank of Angola fixes limits in country's payment systems

    Luanda - The National Bank of Angola (BNA) has determined limits in the amount that can be transitioned in payment systems all over the country, ANGOP learnt from a document the Central Bank issued on July 5.

  • Tue, 09 Jul 2019 11:56

    IFC loans USD 100 million to Millennium Atlântico bank

    Luanda - The International Finance Corporation (IFC) loaned on Monday USD 100 million to Angola's Millennium Atlântico bank.

  • Mon, 29 Apr 2019 16:47

    BNA sets new rules on granting credit

    Luanda - The National Reserve Bank of Angola (BNA) made public on Monday an instructive on the granting of credit, which, among other guidelines, obliges banks to apply differentiated interest rates to customers.

  • Wed, 27 Mar 2019 17:09

    ICTs use in banking can increase financial inclusion

    Luanda - The use of Information and Communication Technology (ICTs) in the national banking financial system will help accelerate the process of financial inclusion, which currently accounts for 36% of the population (30 million inhabitants), said the deputy governor of the National Bank of Angola (BNA), Rui Minguêns.

  • Mon, 28 Jan 2019 19:19

    Central Bank reduces interest rate to 15.75%

    Luanda - The National Reserve Bank (BNA) decided to lower the basic interest rate from 16.5 percent to 15.75%. This decision was driven by the fact that the inflation had a decreasing trend in 2018, as well as the contraction of the Monetary Base of 10.71%.

  • Mon, 07 Jan 2019 17:37

    Banco Postal denies situation of bankruptcy

    Luanda - The shareholders of Banco Postal denied on Saturday that the institution is in situation of bankruptcy underlining that it owns net current assets enough to fulfill with its responsibilities.

  • Fri, 30 Nov 2018 12:08

    Foreign-Exchange Reserves drop USD 7.3 billion between 2016 and 2017

    Luanda - The Net Foreign-Exchange Reserves of Angola dropped USD 7.3 billion in one year, by moving from USD 20.8 billion to USD 13.5 billion between December 2016 and December 2017.