Africa-Press – Angola. Gross credit to the non-financial sector amounted to AOA 5.72 billion in July this year, an increase of Kz 883.71 billion (18.27%) compared to the month of June.
Of the gross credit granted by banks to the non-financial sector, 89.25% represents private sector indebtedness and 10.75% was contracted by the public sector, or seha, public administration and public companies.
According to the statistical report on the credit of the National Bank of Angola (BNA) this Tuesday, the debt of the non-financial public sector totaled 615.33 billion kwanzas.
Private sector debt (private companies and individuals) increased by 657.87 billion kwanzas (14.79%), rising from 4.45 billion kwanzas in July 2022 to 5.11 billion in July this year.
Of this amount, Kz 3.86 billion corresponds to the indebtedness of private companies and Kz 1.25 billion to individuals, with an increase of AOA 334.39 billion.
Credits within the scope of Notices
In the period under review, gross credit granted within the scope of BNA Notices for the promotion of the real sector totaled 944.51 billion kwanzas, which corresponds to 71.18% of the total credit made available to the sector .
Compared to the same period last year, there is a higher value of 324.35 billion kwanzas (52.30%), an increase influenced by the agriculture sector, animal production, hunting, forestry and fishing, with emphasis on culture and sugarcane derivatives.
In the same period, mortgage loans totaled AOA 250.20 billion, of which AOA 53.02 billion were granted under Notice 09/2022, of April 6, representing 21.19% of the total amount.
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