BAI honored with Best Bank in Angola award

BAI honored with Best Bank in Angola award

DR

BAI was honored with Euromoney's 'Best Bank in Angola' award for the fifth time. The prestigious financial information magazine announced the accolade during the Euromoney Excellence Awards, held in London last week.

The continuous effort to improve products and services, the institutional solidity and sturdiness, the constant search for innovation, the unflinching support to Angolan business communities, families and the State -- these are some of the factors behind the recognition and prestige of Angola's largest financial institution.

Euromoney points out that in 2017 BAI reported a net profit of 55 billion kwanzas, maintaining its position as Angola's largest bank in terms of liquid assets. Moreover, it achieved a Solvency Ratio 19% percent above the legal minimum (10 %), making it one of the largest banks in sub-Saharan Africa, excluding South Africa.

Read more in Jornal de Angola

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