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Financing SMEs: Standard Bank announces loans of sixty billion kwanzas

27/05/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Cette année, The Standard Bank has sixty billion kwanzas to finance Angolan small and medium-sized businesses

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The bank's executive director for small and medium-sized businesses, Fernando Chivinda focused on agriculture. For the latter, “the amounts to be made available by sectors are analyzed case by case, according to the projects presented by the customers”. The executive director said that agriculture benefits from the Avis 10 of the National Bank of Angola style="font-family: "Bookman Old Style”, "serif">, which allows businesses to be financed at a rate of 7.5 for one hundred or ten percent, if the financing involves raw materials. “The Bank does not limit itself to approving a credit transaction, we finance it, approve it and every three months we analyze the financial performance of the client,” said

Fernando Chivinda.
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