Angola: Luanda - BDA Launches Campaign On Financial Citizenship

Jul 06, 2017 | Angola Press; All Africa

The Angolan Development Bank (BDA) is launching on Wednesday in Luanda a campaign on financial citizenship, aimed at promoting sustainable entrepreneurship through the adequate use of investment financing by banks.

The campaign dubbed "Diversify" is aimed for companies, public institutions and entrepreneurs. It is also intended to strengthen the concept of the virtuous circle of the economy as a model for responsible conduct in relation to the repayment of bank loans. According to a document that reached Angop on Tuesday, this campaign is aligned with the financial education initiatives of the banking sector. It also points out that BDA intends, with this campaign, to establish a direct link between the correct application of investment credit resources to the capacity to repay them and the continued availability of new credit opportunities. This bank wants to create conditions for other citizens to benefit from investment credit by multiplying the beneficiaries of bank financing. Read more on All Africa. Source: All Africa