Angola: BESA has credit portfolio of over US$2 billion

3 March 2009

Luanda, Angola, 3 Mar – Banco Espirito Santo Angola (BESA) currently has a credit portfolio estimated at over US$ 2 billion, said the bank’s chairman, Álvaro Sobrinho Monday in Luanda.

In statements made to Angolan news agency Angop, in Luanda, Sobrinho said that this year the bank could provide credit of at least US$1.9 billion to various sectors, including construction, trade, health and education.

Speaking of the bank’s activity during 2008, the chairman also said that BESA had had net results of over US$120 million and income from investments estimated at US$30 million.

Sobrinho revealed that BESA will launch new savings and credit products, through new securities firms, namely financial leasing, to support companies in the purchase of goods and services.

Last Friday, the bank announced that it had been awarded the distinction “Bank of the Planet 2009,” for its support in promoting sustainability and protection of the environment.

The award was given by the International Commission for Planet Development, coordinated by the UN through the United Nations Educational Scientific and Cultural Organization (Unesco). (macauhub)