Africa-Press – Angola. Credit granted by the Angolan Investment Bank (BAI) to companies in the first six months of this year reached 393.8 billion kwanzas, higher than the 370.8 billion recorded in December 2023.According to a note from the institution, with this volume of credit to the business sector, BAI wants to continue to play the role of financial partner, with a strong presence in sectors that drive the national economy.
Due to this performance, the institution was considered, in October, by the magazine Global Finance, as “Best Bank in Angola 2024” and “Best Safest Bank in Angola 2024”, in Washington DC, USA, in an event that brought together the main players in the global financial sector.
According to Global Finance, the reasons behind these awards were investment in digital transformation, modernization of services and expansion of product offerings.
In 2024, BAI launched investment solutions, new credits, in addition to continuing to be a solid reference in financing for families and companies.
In addition to recognition in the USA, BAI was also recognized by The Banker magazine (United Kingdom), in another independent study, as one of the largest and best banks in Africa, occupying 30th position in the “Africa’s Top 100 Banks 2024” ranking.
This highlight underlines the impact of BAI’s continued investment policy in supporting and financing the economy, reinforcing its role as a strategic partner in the country’s growth.
BAI’s director of communications and brand management, Fábio Correia, said during the award reception in the USA that the bank’s efforts are to develop simple solutions that make sense for customers and the Angolan economy.
“We know that we have faced some challenges, such as the instability at BAI Directo, but we are convinced and committed to improving, as our 28-year track record of innovative products and services for the Angolan economy can prove,” he said.
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