Africa-Press – Angola. Gross credit to the non-financial sector amounted to AOA 4.78 billion in February, with an increase of AOA 70.02 billion over the same period last year.
Of the amount transferred by banks, 91.94% represents the indebtedness of private companies and individuals (private sector) and 8.06% of administration and public companies (public sector).
According to the information note on credit published by the National Bank of Angola, the debt of the non-financial sector totaled AOA 385.44 billion, of which 76.78% refer to public administration and 23 .22% for public companies.
If compared with the same period last year, there is a reduction of 26.46 billion kwanzas.
In the period under review, private sector debt increased by AOA 96.48 billion (2.24%), rising from AOA 4.30 billion in February 2022 to AOA 4.39 billion in February of this year. .
The debt of non-financial private companies was 3.48 billion kwanzas, with a reduction of 63.16 billion kwanzas (1.78%).
Individual debt corresponded to AOA 919.64 billion, with an increase of AOA 159.65 billion (21.01%).
Others of Kz 1.30 billion
Still according to the same report, gross credit to the non-financial sector allocated to the real economy stood at 1.30 billion kwanzas, equivalent to 27.12% of the gross total of the banking sector.
Compared to the same period last year, there was an increase of 21.08%, corresponding to AOA 227.71 billion.
Gross credit granted under BNA Notices for the promotion of the real sector totaled AOA 789.41 billion (60.35%).
Of the total credit granted, the manufacturing industry consumed 523.96 billion kwanzas, agriculture, animal production, hunting and forestry with 559.91 billion kwanzas.
The extractive industry was left with 225.04 billion kwanzas, of which 15.84 billion kwanzas were given to the Shelter of Notices on the granting of credit to the royal sector.
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