Banco Privado Atlântico starts operating in Angola

28 August 2006

Luanda, Angola, 28 Aug – Angolan-owned bank, Banco Privado Atlântico (BPA) is set to begin its activities in the Angolan market with capital of US$20 million, Angolan news agency, Angpop reported.

Owned and lead by Angolans linked to the financial sector, the bank is focused on the middle, upper middle, and upper segments.

As well as being focused on customers with higher incomes, BPA plans to offer specialized services to the business and investment banking sectors. (macauhub)