Financial Sector Overview
Economic Landscape
Despite being a Lusophone country sandwiched between Anglophone and Francophone countries, Angola plays a vital role in Southern Africa. It is a member of the Community of Portuguese Language Countries and the Southern African Development Community and is a signatory to the African Continental Free Trade Agreement. In efforts to open Angola’s borders, a 2018 law allows for exemption and facilitated tourist visa processing. Angola is projected to emerge from recession with real GDP growth of 1.2% in 2019 and 3.2% in 2020. The recovery will be driven mainly by the production and export of diamonds (growing by 8.2%), agriculture (5%), and construction (2.1%). Changing to a floating exchange regime in 2019 could eventually eliminate the gap between the official and parallel market exchange rates. A 14% value added tax to be introduced in July 2019 will also mobilize domestic resources.
Contact Details Information of Banks operating in Angola
|
BANKS |
ADDRESS |
PHONE |
WEBSITE |
|
BANCO ANGOLANO DE INVESTIMENTOS |
Rua Major Kanhangulo, nº34 |
(+244) 222693890 |
|
|
BANCO ANGOLANO DE NEGOCIO E COMERCIO |
Travessa chanceux, n ° 12. Maianga |
(+244) 222395026 |
|
|
BANCO YETU |
Tour Manculusso, piso2, Rua Frederico Welwitsch, Maculusso |
(+244) 227282000 |
|
|
BANCO BIC |
Largo da Maianga, Maianga bâtiment |
(+244) 923120701 |
|
|
BANCO COMERCIAL ANGOLANO |
Av Comandante Valodia, n ° 83-A (à côté de Hôtel Tropicana). |
(+244) 222330932 |
|
|
BANCO DE COMERCIO E INDUSTRIA |
Rua Lopes Sanglier |
(+244) 932734678 |
|
|
BANCO DE DESENVOLVIMENTO |
Gaveto entre Av. 4 de Fevereiro, Nº 113 e Rua Robert Shields, |
(+244) 222692800 |
|
|
BANCO ECONOMICO |
Avenida 4 de Fevereiro, Largo Diogo Cão Edifício da Alfândega |
(+244) 222693600 |
|
|
BANCO DE FOMENTO ANGOLA |
Rua Amilcar cabral, 56, Maianga |
(+244) 222638930 |
|
|
BANCO PRIVADO ATLANTICO |
Rua Dr. Agostinho Neto Lote T2 |
(+244) 226432400 |
|
|
BANCO DE NEGOCIO INTERNATIONAL |
LUANDA |
(+244) 222632900 |
|
|
BANCO KEVE |
GARDEN TOWERS Tour B étage, bloc 11/12 B3 / B4 Alvalade |
(+244)222679800 |
|
|
BANCO DE FOMENTO ANGOLANO |
Rua Amilcar cabral, 56, Maianga |
(+244) 222638930 |
|
|
BCS BANK |
Garden Towers Building - Tour B, étage 15, Complex Comandante Gika |
(+244) 222036646 |
|
|
BANCO NACIONAL DE ANGOLA |
Banco Nacional de Angola - Av. 4 de Fevereiro, 151 |
(+244) 222336069 |
|
|
BANCO BIR |
Avenida Pedro de Castro Van-Dunem Loy, Maison Plaza, Tour B, 4e étage |
(+244) 227280824 |
|
|
BANCO PRESTIGIO |
Queen Street Ginga, Elysée Tour, N ° 31, 3e étage - E2 |
(+244) 222393251 |
|
|
BANCO SOL |
Gaveto da Rua Frederic Welwitchia nº 47 com a Rua Lourenço Mendes da Conceição nº 7 |
(+244) 222641400 |
|
|
BANCO CAIXA GERAL DE ANGOLA |
4 février Avenue # 99 |
(+244) 222670882 |
|
|
BANCO MILLEMUIM ANGOLA |
Convention Center Street Talatona, Via S8, GU05B, quartier Talatona, district urbain, de Samba, City of Fine |
(+244) 222691800 |
|
|
BANCO VTB AFRICA |
Missão Street, 22, r/c, Luanda |
(+244) 222390307 |
|
|
FINIBANCO ANGOLA |
R. Álvares Maciel, Luanda |
(+244) 222636025 |
|
|
BANCO KWANZA INVEST |
Avenida Comandante Jika 150 |
(+244) 222328780 |
|
|
BANCO COMMERCIAL DO HUAMBO |
Avenida da Independência nº 11/13 |
(+244) 241221234 |
|
|
BANCO DE POUPANCA E CREDITO |
Largo da Ingombota, Luanda |
(+244) 926940546 |
|
|
BANCO ESPIRITO SANTO |
Rua Guilherme Pereira Inglês, nº 43 1º andar Largo das Ingombotas – Luanda |
(+244) 222 69 36 00 |
|
|
BANCO VALOR |
Empreendimentos Dolce Vita, 1B Building - Shop The Talatona |
(+244) 227280495 |
|
|
STANDARD BANK ANGOLA |
|
(+244) 226 43 25 00 |
|
|
TOTAL |
28 |
|
|
Source
At a Glance
At a Glance Source
Population in thousands (2017): 29,784,193
GDP per capita (current US$) 2017 - World Average 10,721.61: 4100.29
Account (%) age 15+) - (2014 vs 2017): 29% (2014)
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 0.51 | 0.78
Financial Inclusion Strategies: n/a
Domestic credit provided by financial sector (% of GDP) 2017: 29.56
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 25% (2014)
Remittances % of GDP for 2017: 0
Mortgage Interest Rate / Mortgage Term (years): 25.64% | 20 years
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Aug 02, 2020
| MFW4A, KPMG
Dec 10, 2019
| International Monetary Fund
Sep 16, 2019
| IMF
Jul 31, 2018
| FinMark Trust
| FinMark Trust
Apr 30, 2017
| A.B. Fanta, K. Mutsonziwa, B. Berkowitz et al.
| FinMark Trust
Mar 23, 2017
| D. Chamberlain, A. Carmago, W. Coetzee
| FSD Africa
Sources
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