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Debt: the BPC recovers 6.5 billion Kz in credit in the first seven months of 2024

13/09/2024
Source : ORISHAS-FINANCE
Categories: Economy/Forex

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The Chairman of the Board of Directors of the Angolan State Bank, Cláudio Pinheiro announced on Wednesday in Luanda that during the first seven months of this year, the Bank for Savings and Credit (BPC) recovered about 6.5 billion kwanzas in loans granted businesses and individuals.

Le montant récupéré par la BPC a dépassé le crédit remboursé au cours de toute l' année 2023, période au cours de laquelle a été enregistrée the recovery of 6.1 billion Kz. Selon Cláudio Pinheiroce reimbursement is , part of a universe of approximately 400 billion kwanzas from the bad credit portfolio under the responsibility of the BPC. According to the Chairman of the Board of Directors of the Angolan State Bank, in 2022, 11.8 billion were recovered, while in 2021, the value was 10.8 billion and in 2020 16.6 billion Kz, respectively. Around 3.9 billion kwanzas were also

restructured this year.
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