Bank of Angola assets increase 40 pct Jan-Nov 2005

7 February 2006

Luanda, Angola, 07 Feb – The assets of the Bank of Angola increased 40 percent between January and November 2005 to around US$5.62 billion, driven by increased customer loans and bonds, the bank has said.

In the same period, according to figures published last week by the bank, liabilities increased by 43 percent to US$4.99 billion.

The increased assets of the bank of Angola were mainly influenced by bonds, which doubled to US$1.35 billion, and customer loans, which increased some 30 percent to US$1.48 billion.

Between January and November Janeiro and November, cash and marketable resources doubled. (macauhub)