Luanda — The Cabinet Council's Economic Commission Friday in Luanda analysed the report on the stability of the country's banking system in the second semester of 2013.
The information was released by the deputy governor of the Angola Reserve Bank (BNA), André Lopes.
Speaking to the press at the end of the 7th ordinary session of the Cabinet Council, the BNA deputy governor said that with the analysis of the document the organ sought to characterise the evolution the banking system experienced in the period in respect.
He said that the find was that the assets of the banking system continued evolving positively, recording a growth of 6,19 percent, as compared with the month of June 2012.
This, the official added, was owed mainly to the significant increment of the credit volume that rose 14.59 percent in comparison with the previous same period.
André Lopes said the meeting also analysed the liabilities, having realised that it stood at 5,87 percent, which is associated with the rise in the volume of clients' bank deposits.
According to the source, the session also reviewed the evolution of the equity capitals, having concluded that the banking system continues having an acceptable level of capitalisation, as a result of the reserves policies pursued by the banking financial institutions.
The official added that the evolution of the banking system liquidity was also reviewed, with the finding that from the point of view of the immediate liquidity, the system maintains conditions to meet short term commitments.