Banking closes 2023 with profits growing 66% influenced by currency operations.

Help were currency operations and other financial margins, as well as profit from government bonds.

Balance Sheet Accounts of the entire financial year 2023 of banks who disclosed their reports and accounts registered a 65.8% growth of 'pushed' for client credit growth and deposits, as well as currency operations, according to the bank in Analysis, from Deloitte.

Help was, among others, the rise of the bank product, with an increase of 48%.

This increase also translates into the growth of 261% of the currency results that totaled 452 billion kwanzas, resulting from the currency of Kwanza face to the euro and the US dollar, as well as the growth of the results of assets and financial liabilities evaluated To fair value through results, around 180 billion kwanzas compared to the same period resulting from the added value generated by the alienation of Angolan public debt made by some banks.

The 18th edition of the bank under analysis, was marked by a positive evolution of the sector, I have recorded an increase in net credit granted to customers of around 40%. The volume of deposits registered an increase in the order of 31% compared to 2022, albeit inferior to the increase in monetary mass, which registered a variation of 37.8% in 2023, which translates into the increase of cash in the public's power, institutions and companies that were not captured by the banking sector.

During the period, the multi -issued card network has grown 10.5% and the number of automatic boxes (ATM), 11.1% respectively. TPA transactions grew 25% and Multiixa Express has been reinforcing their popularity with an increase of 54.9% by 2023.

However, electronic commerce, which has been gaining expression in the national market, recorded a 48% increase in total transactions made in the bank.

Banking closes 2023 with profits growing 66% influenced by currency operations

Help were currency operations and other financial margins, as well as profit from government bonds.

Jun 24, 2024 - 12:57
Banking closes 2023 with profits growing 66% influenced by currency operations
© Photography by: DR
Banking closes 2023 with profits growing 66% influenced by currency operations

Balance Sheet Accounts of the entire financial year 2023 of banks who disclosed their reports and accounts registered a 65.8% growth of 'pushed' for client credit growth and deposits, as well as currency operations, according to the bank in Analysis, from Deloitte.

Help was, among others, the rise of the bank product, with an increase of 48%.

This increase also translates into the growth of 261% of the currency results that totaled 452 billion kwanzas, resulting from the currency of Kwanza face to the euro and the US dollar, as well as the growth of the results of assets and financial liabilities evaluated To fair value through results, around 180 billion kwanzas compared to the same period resulting from the added value generated by the alienation of Angolan public debt made by some banks.

The 18th edition of the bank under analysis, was marked by a positive evolution of the sector, I have recorded an increase in net credit granted to customers of around 40%. The volume of deposits registered an increase in the order of 31% compared to 2022, albeit inferior to the increase in monetary mass, which registered a variation of 37.8% in 2023, which translates into the increase of cash in the public's power, institutions and companies that were not captured by the banking sector.

During the period, the multi -issued card network has grown 10.5% and the number of automatic boxes (ATM), 11.1% respectively. TPA transactions grew 25% and Multiixa Express has been reinforcing their popularity with an increase of 54.9% by 2023.

However, electronic commerce, which has been gaining expression in the national market, recorded a 48% increase in total transactions made in the bank.