The Western Union Company , a leader in global payment services, and the Angola Post Office, provider of postal and financial services in Angola, announced the signing of an agreement to provide for the first time Western Union money transfer services to consumers in Angola. Richard Malcolm, Regional Vice President for Southern and East Africa
SWIFT has announced that Banco Nacional de Angola is implementing SWIFT’s Sanctions Screening service to help the country meet its financial crime compliance obligations. SWIFT Sanctions Screening is a cloud-based subscription service that filters messages in real time and checks against customers’ selected sanctions lists. Once active, the Sanctions Screening service automatically routes messages in
Standard Chartered has announced the opening of an onshore banking subsidiary in Angola, together with ENSA, a leading Angolan insurance company. The Bank has signed a joint venture with ENSA in which Standard Chartered is the majority shareholder, with 60% of the share capital of the bank, and ENSA with 40%. The subsidiary, which will
Angola’s economy is expected to expand by 7% to 9% a year over the next decade. It’s one of the fastest growth rates in the world, yet the country’s financial sector is just keeping pace. So it may seem a bit ambitious for Standard Bank de Angola to aim even higher. As part of Africa’s
Angola’s leading ATM network operator will in future be using Wincor Nixdorf’s ProView software to handle IT service management for its 2000 self-service systems. EMIS, a company that is majority-owned by Angolan banks, aims to use the solution to improve the availability of the systems. At the same time it is expected that the
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