AfE 2016 logo-196 135 Regional awards Press release View full 2016 results
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
|
|
||||
|
|
|
|||||
|
|
|
|
|
|
Angola Best bank: Banco Angolano de Investimentos |
Angola has been one of the countries hardest hit by the fall in the price of oil since mid-2014, culminating in Angola requesting an IMF bailout earlier this year. These economic conditions imposed great challenges on the banking system, in particular the increase in credit and foreign-currency liquidity risks.
Even so, Banco Angolano de Investimentos (BAI) has managed to grow. The bank wins this year’s award for best bank in Angola, reclaiming the title from last year’s winner, Banco de Fomento Angola.