|
Banco Económico (Angola)
Banco Económico, formerly Banco Espírito Santo Angola (BESA) renamed in 2015, after the bankruptcy of its mother house in Portugal, Banco Espírito Santo (BES), is an Angolan bank based in Luanda. Previously, BESA was affiliated with the now defunct Banco Espírito Santo, now Novo Banco, and is therefore a subsidiary of Espírito Santo Financial Group (ESFG). On 28 July 2014 it was announced that the Angolan state takes over the majority of Banco Espirito Angola, as its Angolan partners inject fresh capital of about US$3 billion into the Angolan bank. At the end of 2014, the largest shareholders were Sonangol, with about 35%; Novo Banco Novo Banco, SA, trading as Novobanco (, ), is a major Portuguese financial bank headquartered in Lisbon, Portugal. Following the entry into force of European Banking Supervision in late 2014, Novobanco has been designated as a Significant Institut ..., with a 9.9% stake; Portmill's Angolan company, with 24%, and Geni group (controlled by Leo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luanda
Luanda ( ) is the Capital city, capital and List of cities and towns in Angola, largest city of Angola. It is Angola's primary port, and its major industrial, cultural and urban centre. Located on Angola's northern Atlantic coast, Luanda is Angola's administrative centre, its chief seaport, and also the capital of the Luanda Province. Luanda and its metropolitan area is the most populous Portuguese-speaking capital city in the world and the most populous Lusophone city outside Brazil. In 2020 the population reached more than 8.3 million inhabitants (a third of Angola's population). Among the oldest colonial cities of Africa, Luanda was founded in January 1576 as ''São Paulo da Assunção de Loanda'' by Portuguese explorer Paulo Dias de Novais, being occasionally called "Leonda" or "St Paul de Leonda" by non-Portuguese sources. The city served as the centre of the Slavery in Angola, slave trade to Brazil before the institution was prohibited. At the start of the Angolan Civil W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Angola
Angola, officially the Republic of Angola, is a country on the west-Central Africa, central coast of Southern Africa. It is the second-largest Portuguese-speaking world, Portuguese-speaking (Lusophone) country in both total area and List of countries and dependencies by population, population and is the List of African countries by area, seventh-largest country in Africa. It is bordered by Namibia to the south, the Democratic Republic of the Congo to the north, Zambia to the east, and the Atlantic Ocean to the west. Angola has an Enclave and exclave, exclave province, the province of Cabinda Province, Cabinda, that borders the Republic of the Congo and the Democratic Republic of the Congo. The capital and most populous city is Luanda. Angola has been inhabited since the Paleolithic, Paleolithic Age. After the Bantu expansion reached the region, states were formed by the 13th century and organised into confederations. The Kingdom of Kongo ascended to achieve hegemony among the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sonangol
Group Sonangol () is a Government-owned corporation, parastatal that formerly oversaw petroleum and natural gas production in Angola. The group consisted of Sonangol E.P. () and its many subsidiaries. The subsidiaries generally had Sonangol E.P. as a primary client, along with other corporate, commercial, and individual clients. In 2023, Sonangol produced 202,000 Barrel (unit), barrels of oil with an income of United States dollar, US$ 10.9 billion. History Foundation On the eve of Portuguese Angola's independence from Portugal following the Carnation Revolution and the election of a Democracy, democratic government in Portugal in 1976, the company ANGOL (ANGOL ''Sociedade de Lubrificantes e Combustíveis'' SARL), founded in 1953 as a subsidiary of Portuguese company SACOR) was Nationalization, nationalized and split in two, forming Sonangol U.E.E. and Direcção Nacional de Petróleos. Directive 52/76 instituted Sonangol as a State-owned enterprise, state-owned company with a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Novo Banco
Novo Banco, SA, trading as Novobanco (, ), is a major Portuguese financial bank headquartered in Lisbon, Portugal. Following the entry into force of European Banking Supervision in late 2014, Novobanco has been designated as a Significant Institution and is supervised by the European Central Bank. Novobanco was established on 4 August 2014, as a result of a restructuring following the bankruptcy of Banco Espírito Santo (BES) led by the Bank of Portugal to hold the bank's healthy assets. This allowed Novobanco to operate, split off from the BES's toxic assets after historic losses of 3,577 million euros. BES's toxic assets, on the other hand, were transferred to a "bad bank". History In 2017, the American fund Lone Star Funds acquired 75% of the share capital of Novobanco in return for a capital injection of €1bn, with the Portuguese Resolution Fund holding the remaining 25 per cent. As part of this sale, the European Commission, through the Directorate-General for Competitio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leopoldino Fragoso Do Nascimento
Leopoldino Fragoso do Nascimento, aka "General Dino", was the Head of the Angolan President's Communication Service under José Eduardo dos Santos' presidency and the Chairman of the Board of Directors of the Cochan Group, one of the top economic groups in Angola. He embezzled billions and was sanctioned by the U.S. Department of the Treasury in 2021. Early life and education Leopoldino Fragoso do Nascimento was born in Luanda, Angola in 1963. He acquired a degree in telecommunication engineering. Career Do Nascimento, aka General Dino, was the Head of the Angolan President's Communication Service under José Eduardo dos Santos' presidency and the Chairman of the Board of Directors of the Cochan Group, one of the top economic groups in Angola. Fragoso do Nascimento has been a partner of Trafigura since 2009. do Nascimento is a founding partner of Unitel Telecom, Kinaxixe Real Estate, Zahara Logistics, Kero Supermarkets and Biocom – Bio Fuels. As of 2019, he had "20 years of ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manuel Vicente
Manuel Domingos Vicente (born 15 May 1956) is an Angolan politician who served as the second vice president of Angola between September 2012 and September 2017. He was chief executive officer of Sonangol, Angola's state oil company, from 1999 to 2012, and he briefly served in the government as the minister of State for Economic Coordination in 2012. Early life and education Born at Sambizanga neighborhood in Luanda,"Sonangol's ex-boss styled as Dos Santos's heir apparent" Agence France-Presse, 11 March 2012. his father was a shoemaker while his mother was a laundress. Vicente was raised by President |
List Of Banks In Angola
This is a list of commercial banks in Angola, as updated in 2024 by the Angolan Banking Association (ABANC). List of commercial banks * Banco Angolano de Investimentos S.A. (BAI) * Banco Caixa Geral Angola, S.A., part of CGD Group * Banco de Comércio e Indústria S.A. (BCI), state-owned * Banco da China Limitada - Sucursal em Luanda, S.A., part of Bank of China Group * Banco Económico S.A. * Banco de Negócios Internacional S.A. (BancoBNI) * Banco BIC S.A. * Banco Comercial Angolano S.A. (BCA) * Banco Comercial do Huambo S.A. * Banco de Desenvolvimento de Angola S.A. (BDA), state-owned * Banco de Fomento Angola S.A. (BFA), part of CaixaBank Group * Banco de Investimento Rural, S.A. (BIR) * Banco de Poupança e Crédito S.A. (BPC), state-owned * Banco Millenium Atlântico S.A., minority-owned by Banco Comercial Português * Banco Keve S.A. * Banco Valor S.A. * Access Bank, part of Access Bank Group * Banco Sol S.A. * Standard Chartered S.A., part of Standard Chartered G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
