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Ministry of Defense and BNA sign agreement on financial education

     Politics              
  • Luanda • Monday, 30 December de 2024 | 18h17
Assinatura de acordo entre MINDEF e BNA
Assinatura de acordo entre MINDEF e BNA
DR

Luanda - The staff of the Ministry of National Defence and Veterans of the Fatherland will benefit from education and financial inclusion programmes and financing, under a cooperation protocol signed on Monday in Luanda between the sector and the National Bank of Angola (BNA).

The protocol, signed by the Secretary of State for National Defence, José Maria de Lima, and the deputy governor of the BNA, Domingos Pedro, aims to expand the reach of financial education initiatives with direct impacts on knowledge, behaviours, attitudes, access, use and quality of life.

According to the deputy governor of the BNA, the agreement will allow staff to strengthen their knowledge about the organization and functioning of the financial system, financial products and services and their relevance for individual and collective development, with a view to building financial sustainability and resilience.

Under this cooperation instrument, the source stressed, financial education programs and financing and training will be promoted for the staff of the Ministry of National Defense and Veterans of the Fatherland, so that they can be multipliers and disseminators of education and financial inclusion matters throughout the national territory.

For the head of the BNA, the act represents a significant milestone in joint efforts to promote education and financial inclusion, considering essential pillars for the promotion of a culture of responsibility and citizenship and the promotion of sustainable development in the country.

For his part, the Secretary of State for National Defence, José Maria de Lima, considered it important to include the sector in his financial literacy promotion programme, for which 'we are all mobilised to assimilate the content that will be taught to us'.

The National Bank of Angola (BNA) promoted, in 2024, one thousand and 55 financial education actions, reaching a universe of more than 62,000 participants from various regions of the country and different social strata.

The central bank also carried out 289 financial inclusion actions, which resulted in the opening of more than 28,000 simplified, conventional and electronic money accounts, as well as the allocation of more than 7,000 debit cards and 75 automatic payment terminals (TPAs).

According to the BNA, these actions contributed to achieving the financial inclusion index of 49.44 percent in September 2024 and a financial services banking rate of around 31.53 percent. DC/DOJ





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