National Bank of Angola should make banking sector comply with international standards

31 October 2017

The new Governor of the National Bank of Angola (BNA), José de Lima Massano, is responsible for ensuring that the Angolan banking sector complies with the standards required by the international banking and financial institutions, said the President of Angola on Monday in Luanda.

President João Lourenço, during the inauguration ceremony of the new governor of the Angolan central bank, said that the choice of Massano was because of the confidence he had in his capacity to improve the level and the proper functioning of the National Bank of Angola as well as the country’s banking system.

The new governor said he would work to strengthen the stability of the financial system in Angola, a strategy that also involves improving the internal capacity of the institution, and added he would “take great pride in being able to once again serve Angola in this function.”

Massano said that the agenda of the BNA is defined, either by virtue of its statutes, and its political guidelines, which were publicly outlined by the President of the Republic in his speech on the state of the nation, on 16 October.

On Friday President João Lourenço, dismissed Walter Filipe Duarte da Silva, at his request, from the office of governor of the National Bank of Angola. (macauhub)