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Banco BPI reduces position in Banco de Fomento Angola

Page created: Tuesday, 2 May 2017 10:05 GMT

Thematic
Tags:
Angola   Banking Sector  BPI   Portugal

Angola was a “fantastic investment” but Portugal’s Banco BPI bank will progressively withdraw from Banco de Fomento Angola (BFA), in order to comply with the recommendations of the European Central Bank said the bank’s new chief executive, Pablo Forero.