16 April 2008
Luanda — The minister of Trade, Joaquim Icuma Muafumba Tuesday here said that it is important that commercial banks easy the access to credit, in order to allow the increase of private investment in Angola, at this stage of national reconstruction, ANGOP learnt.
According to that official, who was speaking at a meeting entitled "Business in Angola", banks should have a more active role, creating micro-credits policies for youths, attractive interests and less bureaucracy.
"In the current context of the country, investments are indispensable for growth and economic development and therefore banks must positively collaborate, giving their contribution in a responsible manner. They should avoid disloyal practices", he said.
The meeting was promoted by Angola's Millennium Bank on the occasion of its second anniversary, with the goal of debating important issues about the market and investments in the country.
Be the first to Write a Comment!
Copyright © 2008 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
