Luanda - The President of the Republic, João Lourenço, met on Tuesday, at the Palace, with the managers of the commercial banks operating in Angola.
Angolan commercial banking is made up of Banco Angolano de Investimentos, Banco de Fomento de Angola, Banco BIC, Banco de Poupança e Crédito, Banco Millenium Atlântico, Banco Económico, Banco Sol, Standard Bank Angola, Banco Keve, Banco de Negócios Internacional and Banco de Comércio e Indústria.
In 2023, the National Bank of Angola increased to 11 the number of banks required to set up a reserve to avoid systemic risks.
The creation of this additional capital buffer for systemically important banks (DSIB) was applied last year to eight banking institutions, with reserve amounts between 1 and 2 percent. ART/DOJ
