africa Angola Banking Economy Finance

Angola Banco Sol wants to contribute to Chinese community banking

Banco Sol intends to contribute to the banking of the Chinese community residing in Angola through the creation of specialised services branches.

The information was released Friday by Angola-China Chamber of Commerce CEO, Manuel Calado.

Speaking to Angop, on the sidelines of Banco Sol Symposium and Angola – China Chamber of Commerce (CAC), the CEO said that the Chinese ‘s hardship to joining the banking services forces the creation of language and safety specialised branches.

“We are working on opening of the security and communication specialised branches for Chinese community,” he said.

He spoke of the intention to sign a deal between Banco Sol and  Chinese business community so that the bank can grant credit to young Angolans interested in acquiring housing in projects promoted by China.

In turn, Banco Sol CEO, Coutinho Miguel, pointed out that the possible entry into operation of these specialised branches marks the internationalisation of the bank.

The financial institution has launched activities to adapt the Angolan financial system to the international standards and good practices with a view to bringing benefits to its customers.

Source: Angop

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