DFI Angola

Banco de Poupanca e Credito (BPC), Angola

Improving the quality of management and guidance, taking into account the market needs. In the results of the activity of BCP include both the achievements of the market as the ability to maintain existing principles of good banking practice.

 

Functions, Products and Services

 

The bank offers loans to companies; BPC also offers financial products and services that are key in the development of the Angolan economy. The four types of loan they provide are loans for the agricultural, industrial, and commercial and services sectors.. Read More.

 

 

Banco de Desenvolvimento de Angola (BDA), Angola

The BDA constitutes one of the most relevant financing vehicles in the Angolan economy, created in 2006 to foster its diversification and to reduce dependency on the extractive industry, notably that of oil and diamonds.
As such, the BDA is instrumental in re-allocating resources for the benefit and development of the national economy, in support of the Government’s Economic and Social Development Program and it’s National Long-Term Development Strategy.
In this way, the BDA helps diversify the Angolan economy and support economic and social development in a sustainable manner, stimulating investment and productivity and encouraging the introduction of new technologies.
 

 

Functions, Products and Services

 

Direct operations: The BDA finances projects worth over USD 5 million either directly or alongside local commercial banks, in the form of co-financing agreements. In this way, it aims to finance projects that are considered of either structural or strategic value for the national economy. These projects tend to be focused on certain clusters prioritised by the government.


Indirect operations : Conducted via commercial banks, which pass on credit lines to small and medium enterprises (SMEs) for projects that tend to complement the value production chains. The maximum value of these loans is USD 5 million and terms are pre-agreed with the BDA, including maturities of over five years.


Partnerships: The BDA can also conduct credit operations in partnership with international financial institutions, to finance strategic projects that involve significant amounts of imports. Under this method, an Export Credit Agency would insure a loan between a foreign bank and an Angolan company, operating under a BDA (sovereign) guarantee.

Fund-raising: To enhance the availability of resources for investment financing, the BDA undertakes borrowing in domestic and international markets using sovereign guarantees. The Angolan Government’s credit rating is presently. Read More.

 

 

Banco Sol, Angola

Banco Sol is a Financial Institution duly established under Angloan laws and constituted with the public deed of October 1, 2000, following the communication of the National Bank of Angola of March 15, 2004 which authorised its constitution.

 

It began as a bank of micro-credit and it is now a universal bank with operations of classical banking