Finance
List of Commercial bank in Angola
The banking sector in Angola stands as a vital cornerstone of the nation’s economic framework, playing a crucial role in facilitating financial intermediation, supporting investment activities, and driving economic growth. With a complex history marked by periods of rapid expansion and regulatory reforms, Angola’s banking landscape reflects
Angola’s Banking Sector: A Landscape of Innovation and Growth
Angola’s banking sector, comprised of a diverse mix of domestic, foreign, and state-owned institutions, offers a wide range of financial services that foster competition, innovation, and consumer choice. Recent regulatory reforms aimed at enhancing transparency, stability, and efficiency have strengthened the sector, aligning it with international best practices and boosting investor confidence. The sector is increasingly embracing digitalization and innovation, with banks adopting mobile banking, online payment systems, and digital lending platforms to enhance customer experience and financial inclusion. Despite challenges such as economic volatility and regulatory complexities, the sector has significant opportunities for growth and development, contributing to Angola’s broader economic agenda.
| Bank Name | Bank Sector | Headquarters | Bank Revenue ( AOA) | Bank Revenue (USD) | Contact Details |
| Banco de Desenvolvimento de Angola (BDA) | Public | Luanda | 17.5 billion | 0.019 billion | +244 222 64 28 00 |
| Banco Nacional de Angola (BNA) | Central | Luanda | 13.46 billion | 0.015billion | +244 222 33 21 11 |
| Banco Angolano de Investimentos (BAI) | Private | Luanda | 353.3 Million | 0.398million | +244 222 33 19 00 |
| Banco Internacional de Crédito (BIC) | Private | Luanda | 35.7billion | 0.040billion | +244 222 31 77 00 |
| Banco de Comércio e Indústria (BCI) | Private | Luanda | 5,641,726.00. million | 6,363.3million | +244 222 39 00 00 |
| Banco Millennium Angola | Private | Luanda | 1.8 billion | 0.0020 billion | +244 222 32 90 00 |
| Standard Bank Angola | Private | Luanda | 21. 2 billion, | 0.023billion | +244 222 62 66 00 |
| Banco Privado Atlântico (BPA) | Private | Luanda | 423.2millon | 0.477million | +244 222 32 30 00 |
| Banco de Fomento Angola (BFA) | Private | Luanda | 83.1 billion | 0.09 billion | +244 222 33 50 00 |
| Banco Valor | Private | Luanda | 2.503 billion | 0.0028billion | +244 222 39 13 00 |
| Banco Africano de Investimentos (BAI Europa) | Private | Lisbon, Portugal | 40 billion | 0.047billion | +351 21 795 16 00 |
Angola’s banking sector is diverse, competitive, and growing. Reforms and digitalization are improving services and reaching more people. While challenges remain, the sector is well-positioned to support Angola’s economic development.
