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Finance
BANCO DE FOMENTO ANGOLA – BFA
Mr Emidio Pinheiro
CEO
Rua Amílcar Cabral 58
Bairro Maianga - Luanda
Tel:+244 222 638 900 / 638 965
Fax:+244 222 638 970
www.bfa.ao
Area of activity: Banking
Date of creation: 1993
No. Employees: 2096
Banco de Fomento Angola is the second Angolan
private bank and started its activities in 1990.
Today, the bank has 841.060 clients and 2096 em-
ployees. It is a universal bank with a segmented ap-
proach that has a complete array of typical financial
solutions both for individual and corporate consum-
ers. The main products of BFA are Accounts, Sav-
ings and Credit
Continually expanding the network of branches, in-
vestment centers and corporate centers, reorgan-
izing and consolidating its operational infrastructure
and integrating new distribution channels are consid-
ered to be the main source for the sustained growth
of the bank past years. In addition, the human re-
sources of the BFA are young and qualified.
To accomplish this growth strategy, BFA is heav-
ily investing on its expansion. Today BFA has 145
branches all over the country, of which 87 are lo-
cated in Luanda.
Over the years, BFA has won the following awards:
Best bank in Angola, Excellent Brand 2009/2010,
Most innovative bank, Straight through processing
excellence award.
BANCO MILLENNIUM ANGOLA
Mr. Carlos Jorge Ramalho dos Santos Ferreira
Chairman
Rua Rainha Ginga 83
Bairro Ingombotas - Luanda
Tel:+244 925 033 033
comunicacao@millenniumangola.ao
www.millenniumangola.ao
Area of activity: Banking
Date of creation: 2006
The Millennium BPC Group was established in 1985
and operates in 16 countries.
With a strong international profile, Millennium BPC
offers a fast and efficient reply to any of its client’s
demands, through the countries where it operates
directly, with local banks, branches or representative
offices or through its 2200 selected correspondents.
Currently, Millennium BPC marks its presence in 4
continents - Africa, Europe, America and Asia - em-
ploys 19 thousand persons, serves over 4 million
clients through about 1500 Branches and has over
189 thousand shareholders.
Since the beginning, the Bank invested strongly in
client segmentation, in offering specific solutions for
each client segment and in a service of excellence.
The key concepts of the bank are: innovation, rapid-
ity in attendance and solution of the client’s prob-
lems, professionalism and availability.
Millennium Angola Bank is part of the Portuguese
Millennium BPC Group and started its activities in
Angola in 2006. The bank gives a positive distribu-
tion to the Millennium Bank Group results.
The vision of Millennium Angola Bank is to be, in the
next years, a reference bank in the Angolan financial
sector, with branches covering the majority of the
country.
The mission of the bank is: to support Angola’s de-
velopment and economic growth, by contributing
to strengthen an efficient and competitive financial
system; to offer an innovative range of value-added
financial products and services to customers; to
act according to strict and high conduct and quality
standards and to provide an adequate return to the
shareholders, and a high level of professional fulfill-
ment to its employees.