List of Commercial Banks in Angola

Angola’s banking sector is dynamic and growing, supervised by the National Bank of Angola, the country’s central bank. The system includes state-owned, private, and international banks that support the economy with services ranging from microfinance to corporate investment. This article highlights all licensed banks in Angola as updated in 2024 by the Angolan Banking Association (ABANC).

Understanding the landscape of banks in Angola is essential for businesses, investors, and individuals. From global branches like Standard Chartered to local institutions like BPC and BFA, each bank contributes significantly to Angola’s economic development through various banking products.

Complete List and Brief Overview of Banks in Angola

1. Banco Angolano de Investimentos S.A. (BAI)
   One of Angola’s largest private banks, known for commercial and investment banking services.
2. Banco Caixa Geral Angola, S.A.
   Operates under Portugal’s CGD Group, offering retail and corporate financial services.
3. Banco de Comércio e Indústria S.A. (BCI)
   A state-owned bank supporting SMEs and local trade development across Angola.
4. Banco da China Limitada – Sucursal em Luanda, S.A.
   A branch of the Bank of China Group, catering to international trade and finance.
5. Banco Económico S.A.
   Provides retail, corporate, and investment banking with a broad network across Angola.
6. Banco de Negócios Internacional S.A. (BancoBNI)
   Specializes in business banking, treasury services, and structured finance.
7. Banco BIC S.A.
   One of the largest banks in Angola, offering universal banking services to individuals and businesses.
8. Banco Comercial Angolano S.A. (BCA)
   A local bank focused on community lending and SME development.
9. Banco Comercial do Huambo S.A.
   Based in Huambo province, this bank supports regional development and small businesses.
10. Banco de Desenvolvimento de Angola S.A. (BDA)
    A state-owned development bank financing infrastructure and national priority projects.
11. Banco de Fomento Angola S.A. (BFA)
    Jointly operated with CaixaBank Group, it offers retail, corporate, and mobile banking.
12. Banco de Investimento Rural, S.A. (BIR)
    Focuses on rural banking and agricultural investment in underserved regions.
13. Banco de Poupança e Crédito S.A. (BPC)
    The largest state-owned bank, offering savings, credit, and public sector financing.
14. Banco Millennium Atlântico S.A.
    A universal bank partially owned by Portugal’s Banco Comercial Português.
15. Banco Keve S.A.
    Offers personal and business banking, known for innovation and digital platforms.
16. Banco Valor S.A.
    A mid-sized commercial bank offering investment services and business finance.
17. Access Bank Angola
    A part of Nigeria’s Access Bank Group, expanding into retail and SME banking.
18. Banco Sol S.A.
    Well-known for microfinance, SME loans, and inclusive banking services.
19. Standard Chartered S.A.
    Offers premium corporate and investment banking through its global parent group.
20. Banco VTB África, S.A.
    The Angolan branch of Russia’s VTB Group, focusing on trade and structured finance.
21. Banco de Crédito do Sul, S.A. (BCS)
    Provides local commercial banking services across southern Angola.
22. Banco Yetu, S.A.
    A growing retail and corporate bank with a focus on customer service.
23. Standard Bank de Angola S.A.
    Operates under the Standard Bank Group, one of Africa’s largest financial institutions.