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.More about this news
Luanda - The International Finance Corporation (IFC) loaned on Monday USD 100 million to Angola's Millennium Atlântico bank.
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.
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.
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%.
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.
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.
Luanda - Angola has announced the launch of mobile payments through mobile phones by 2019 to diversify the payment systems.
Luanda - The deputy governor of the Central Bank of Angola (BNA), Rui Minguêns Oliveira, said Wednesday that payment systems will only meet public interest objectives (security, efficiency and inclusion) if their management is linked to good international practices.