The BNA established ceilings for commissions and expenses charged by commercial banks in foreign currency transactions and for the exchange margin applied in certain operations, setting them at 0.25 per cent on the sale of foreign currency.
The National Bank of Angola (BNA) will, starting from January of 2019, start the activities of the Deposit Guarantee Fund, to safeguard the money of the clients in the commercial banks that, for various reasons, could go bankrupt.
The governor of the Angola National Bank (BNA) expects a scenario of mergers and acquisitions in the system, as a result of the imposition of measures to adjust the minimum capital and regulatory capital of the banking financial institutions ordered in March. This shall be finished by December 31st.
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.