Africa-Press – Angola. The executive director of Corporate and Investment Banking at Standard Bank highlighted this Wednesday, in Luanda, the “favorable view” that the international market has on the economic reform policies that are taking place in Angola.
Ricardo Ferreira was speaking to the press today as part of a ‘roadshow’ that Standard Bank is promoting to attract potential non-resident investors interested in understanding the dynamics of the Angolan market.
In this sense, stressed Ricardo Ferreira, the bank has brought to Angola several funds, which already participate in the Eurobonds market and which have expressed an interest in participating in the local debt market, due to the stability of the exchange rate.
According to Ricardo Ferreira, one of the interested funds manages more than a billion dollars and several others manage more than 20, 30 billion dollars of assets, which “can clearly make a difference, from the point of view of participation in the financial sector , not only international debt, but, in the long term, local level”.
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