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Angola Banking News. Service for global professionals. Constantly updated news and information about Angola.
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Latest Angola Banking News

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  • Standard Bank granted Angola banking licence 30 Nov 2009 09:24 GMT
    ... THE country's biggest banking group in terms of assets, , has been ... has been granted a banking licence in Angola, opening the way for it to start ...

  • Standard gets Angola licence 1 Dec 2009 05:54 GMT
    ... has been granted a banking licence in Angola, opening the way for it to start ... last year . SA’s big four retail banks have all recently announced expansion strategies into ...

  • The Battle for Angola's Oil 1 Dec 2009 15:12 GMT
    ... Resource-rich Angola was once known as the scene of Africa's ... cash for future oil — from major banks including Standard Chartered, BNP Paribas, Commerz Bank, Deutsche ... advantage — and whether the already largely mortgaged oil wealth will ever benefit the Angolan ...

  • Standard Bank gets go-ahead to operate in Angola 27 Nov 2009 19:14 GMT
    ... LUANDA, Nov 27 (Reuters) - Angola has given the go-ahead for , Africa's ... in Luanda, had been waiting for a banking licence from Angolan authorities since 2007. 'The ... The head of the Association of Angolan Banks (ABANC), Jose Masssano, told Reuters on Thursday ...

  • Angola FX reserves drop despite firm oil prices 23 Nov 2009 12:31 GMT
    ... Angola's foreign exchange reserves fell for the first ... the amount of dollars it sells to banks at its daily auctions in a bid ... to banks at its daily auctions," a banking source familiar with the matter told Reuters. ...

  • The sun sets on Dubai ... and rises on Angola? 1 Dec 2009 15:33 GMT
    ... sets on Dubai ... and rises on Angola? At the end of last week, just ... its vast sovereign funds and its aspirant banking hub in Dubai, as a region of wealth ...

  • Angola's kwanza weakens against dollar 1 Dec 2009 17:35 GMT
    ... LUANDA, Dec 1 (Reuters) - Angola's kwanza lost ground against the U.S. dollar ... amount of dollars it sells to local banks in a bid to strengthen the local currency. ...

  • Angola's kwanza slides further against dollar 24 Nov 2009 09:18 GMT
    ... LUANDA, Nov 24 (Reuters) - Angola's kwanza extended its losses against the U.S. ... amount of dollars it sells to local banks. The kwanza traded at 87.69 kwanzas per dollar ...

  • Angolan entrepreneurs search for partnerships in South Africa 30 Nov 2009 10:00 GMT
    ... Angolan entrepreneurs search for partnerships in South Africa ... and water, oil, mineral resources, civil engineering, banking and agriculture. In South Africa, the Angolan businesspeople ...

  • Angola's kwanza steady in latest forex auction 30 Nov 2009 11:30 GMT
    ... LUANDA, Nov 30 (Reuters) - Angola's kwanza was virtually unchanged against the U.S. ... amount of dollars it sells to local banks in a bid to strengthen the local currency. ...

  • Angola's kwanza weakens further against dollar 23 Nov 2009 10:54 GMT
    ... LUANDA, Nov 23 (Reuters) - Angola's kwanza extended its losses against the U.S. ... the amount of dollars it sells to banks in a bid to bridge the gap between ...

  • Angola: Reserves fall in spite of oil hike 24 Nov 2009 03:10 GMT
    ... Angola: Reserves fall in spite of oil hike ... the amount of dollars it sold to banks at its daily auctions in a bid to ...

  • Rankings show calm before Nigerian storm 2 Dec 2009 04:35 GMT
    ... The Banker's Top 100 African Banks ranking shows Nigerian banks chipping away at ... Nigeria, have dominated the headlines for African banking over the past three months. In October ... rankings to 18.6% in this year's rankings. Angola's banks have also made steady progress. Their ...

  • United Arab Emirates - Credit crunch could hit the whole world 29 Nov 2009 01:11 GMT
    ... investors' rights. Billed as safer than traditional banking due to requirements for assets to underpin ... mind with potential debt problems include Mexico, Angola, Brazil, Kazakhstan, and Russia. If there is ... small. There are a number of European banks that may have to recognize losses on ...

  • African Markets - Factors to watch on Nov 25 25 Nov 2009 06:10 GMT
    ... points. It was hit by losses in banking stocks. NIGERIA BUDGET The government presented to parliament ... market diversification, said the country's industry minister. ANGOLA ECONOMY The International Monetary Fund is expected ...


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