Angola Press Agency (Luanda)

Angola: Banks Invest in Country's Inland Provinces to Boost Economy

13 November 2012
Photo: Leadership
ATM machine

Luanda — The Angolan commercial banks have already branches in all municipalities and communes, due to the economic dynamic and the country's stability, says the CEO of the BIC Bank, Fernando Teles.

The manager said so to press, under the commemorations of the 37th anniversary of country's independence, marked on November 11.

He highlighted the importance of the banks to cover all municipalities, as it is an activity that boost investment, generates incomes and jobs for the local population.

Among the main banks he pointed out BPC, BAI, BFA and BIC.

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InFocus

Angolan Banks Take Action to Boost Economy

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Commercial banks have embarked on expanding branches in all the country's municipalities on a move to hike up the economy. Read more »