More than 500 Banco Caixa Angola employees or their heirs will benefit from extra income in the event of retirement, disability or death, according to a savings plan launched by the institution, ANGOP learned last week.
The Retirement Savings Plan (PPR) was launched recently in a partnership between Banco Caixa Angola and Fidelidade Seguros, with the sole and exclusive aim of benefiting the employees of the said banking institution.
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According to the bank’s executive director, Francisco Rosado Santos, the PPR is the first plan to complement the retirement of the company’s employees and also an instrument to encourage long-term savings that reflects the investment and commitment to the collective of current and future employees.
“Once again, in the year (2022) in which it became the first foreign-owned company to be listed on the country’s Debt and Stock Exchange and about to enter its 30th anniversary in Angola, Banco Caixa Angola makes a double commitment to financial innovation”, underlines a press release.
According to the manager, Caixa Angola gives its employees the opportunity to benefit from professional management by third parties, taking into account the generation of long-term wealth, thus meeting their future financial needs.
Likewise, the plan will bring to the Angolan financial market a new product that encourages savings and collective investment in the long term.
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Banco Caixa Angola was the first private banking institution to operate in the Angolan market after independence, currently having a network of more than 30 branches, and more than 500 professionals, distributed in the 18 provinces of Angola.
