{"id":30537,"date":"2023-03-25T06:15:50","date_gmt":"2023-03-25T06:15:50","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/credit-assignment-rises-1-5-and-reaches-kz-4-78-billion"},"modified":"2023-03-25T06:15:50","modified_gmt":"2023-03-25T06:15:50","slug":"credit-assignment-rises-1-5-and-reaches-kz-4-78-billion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/credit-assignment-rises-1-5-and-reaches-kz-4-78-billion","title":{"rendered":"Credit assignment rises 1.5% and reaches Kz 4.78 billion"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>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.<\/b><\/p>\n

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).<\/p>\n

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.<\/p>\n

If compared with the same period last year, there is a reduction of 26.46 billion kwanzas.<\/p>\n

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. .<\/p>\n

The debt of non-financial private companies was 3.48 billion kwanzas, with a reduction of 63.16 billion kwanzas (1.78%).<\/p>\n

Individual debt corresponded to AOA 919.64 billion, with an increase of AOA 159.65 billion (21.01%).<\/p>\n

Others of Kz 1.30 billion<\/p>\n

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.<\/p>\n

Compared to the same period last year, there was an increase of 21.08%, corresponding to AOA 227.71 billion.<\/p>\n

Gross credit granted under BNA Notices for the promotion of the real sector totaled AOA 789.41 billion (60.35%).<\/p>\n

Of the total credit granted, the manufacturing industry consumed 523.96 billion kwanzas, agriculture, animal production, hunting and forestry with 559.91 billion kwanzas.<\/p>\n

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.<\/p>\n

For More News And Analysis About Angola<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

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). […]<\/p>\n","protected":false},"author":84,"featured_media":30536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,337,329],"class_list":["post-30537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"\nCredit assignment rises 1.5% and reaches Kz 4.78 billion - Angola<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/credit-assignment-rises-1-5-and-reaches-kz-4-78-billion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Credit assignment rises 1.5% and reaches Kz 4.78 billion\" \/>\n<meta property=\"og:description\" content=\"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). 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