Banking

“Men of the President” take control of Angolan banking sector

The Angolan banking sector is undergoing significant restructuring, with business groups considered close to President João Lourenço’s inner circle assuming strategic positions in the country’s main financial institutions. After the Carrinho Group, led by Nelson Carrinho, bought the Banco de […]

Angolan Banks May Maintain Investment Activities Until 2030

The Council of Supervisors of the Financial System (CSSF) has decided to extend until December 31, 2030, the exception period that allows banks to carry out, in a limited way, investment services and activities related to securities and derivative instruments. […]

BCP Has Already Spent Almost Half of the €200 Million Available for Share Buyback

O único banco cotado na bolsa de Lisboa já detém mais de 1% do seu capital.

BPI expects to earn over €95 million from partial sale of BFA in July

Banco Sol One Step Away from Bankruptcy

SIC Investigation: Álvaro Sobrinho Miles Away from Portuguese Justice

BPI is selecting international partners for the IPO of Angola’s BFA

Citigroup signs $ 125 m credit agreement with Airtel Africa

Angola launches a private credit information centre

Banks have lost more than 4,000 jobs in the last five years

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