Banco Angolano de Investimentos

Last updated
Banco Angolano de Investimentos
Company typeCommon stock company (S.A.)
Industry Finance
FoundedNovember 13, 1996
Headquarters Luanda, Angola
Key people
Pedro António Filipe
Products Financial services
Website www.bancobai.ao

Banco Angolano de Investimentos (formerly Banco Africano de Investimentos), short BAI, was founded in 1996 as the first private bank in Angola. The BAI is a full-service bank operating in Angola with a nationwide network of (mid-2012) 89 branches in all 18 provinces, with 41 of those branches in Luanda Province. In 9 of the 18 provinces, BAI operates only one branch office.

The largest shareholder is Sonangol, with 8.5% of the bank's capital. Arcinella Assets and Sforza Properties hold 7% respective 6.5% of the shares, six others hold 5% each; the remaining 48% are spread in smaller allotments. [1]

The BAI has one representation in Portugal, the Banco BAI Europa S.A. with two branches, Lisbon and Porto. In 2008 BAI opened the Banco BAI Cabo Verde in Cape Verde with several branches. During the last year, BAI bought the Banco BAI Microfinanças (BMF), a small bank in Angola that offers several services including Western Union payment transfers.

BAI also is the shareholder in other companies, like the Banco Sul Atlantico (BSA), IFI in Cape Verde, Brasil Banco Múltiplo in Brazil, Banco Internacional de S. Tomé e Príncipe (BISTP) in São Tomé and Principe and other companies.

See also

Related Research Articles

<span class="mw-page-title-main">Community of Portuguese Language Countries</span> International organization

The Community of Portuguese Language Countries, also known as the Lusophone Community, is an international organization and political association of Lusophone nations across five continents, where Portuguese is an official language. The CPLP operates as a privileged, multilateral forum for the mutual cooperation of the governments, economies, non-governmental organizations, and peoples of the Lusofonia. The CPLP consists of 9 member states and 33 associate observers, located in Europe, South America, Asia, Africa and Oceania, totaling 38 countries and 4 organizations.

<span class="mw-page-title-main">Banco Nacional Ultramarino</span>

Banco Nacional Ultramarino is a Macau banking and financial services corporation. It was historically a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased existence as an independent legal entity in Portugal following its merger in 2001 with Caixa Geral de Depósitos, the government-owned savings bank.

<span class="mw-page-title-main">Sonangol Group</span> Angolan energy company

Group Sonangol is a parastatal that formerly oversaw petroleum and natural gas production in Angola. The group consisted of Sonangol E.P. and its many subsidiaries. The subsidiaries generally had Sonangol E.P. as a primary client, along with other corporate, commercial, and individual clients. In 2023, Sonangol produced 202,000 barrels of oil with an income of US$ 10.9 billion.

<span class="mw-page-title-main">Caixa Geral de Depósitos</span> Portuguese public banking institution

Caixa Geral de Depósitos (CGD) is a Portuguese state-owned banking corporation, and the largest bank in Portugal, established in Lisbon in 1876.

Banco de Poupança e Crédito (BPC) is a government-owned, full service bank in Angola. With some 68 branches, including one in Cabinda, it has the largest branch network in the country.

Pedro de Castro van Dúnem, also known as Comandante Loy, was an Angolan politician. He served in various leading functions within the MPLA during the Angolan liberation struggle against Portuguese colonial rule and within the country's government after achieving independence.

<span class="mw-page-title-main">Banco Comercial Português</span> Portuguese bank

Banco Comercial Português is a Portuguese bank that was founded in 1985 and is the largest private bank in the country. BCP is a member of the Euronext 100 stock index and its current chief executive officer is Miguel Maya Dias Pinheiro. BCP is based in Porto, but its operations are headquartered in Oeiras, Greater Lisbon. It operates a branch brand-dubbed and restyled in 2004 as Millennium BCP as well as Banque BCP and ActivoBank.

The Espírito Santo Financial Group (ESFG) was a Portuguese holding company with headquarters in Luxembourg, founded in 1984. The group represents the interests of the Portuguese Espirito Santo Group, which has major investments in Portugal and Europe, Americas, Africa and Asia.

<span class="mw-page-title-main">Isabel dos Santos</span> Angolan businesswoman (born 1973)

Isabel Kukanova dos Santos is an Angolan businesswoman, the eldest child of Angola's former President José Eduardo dos Santos, who ruled the country from 1979 to 2017.

<span class="mw-page-title-main">Banco Português de Investimento</span> Portuguese private bank, founded in 1981

Banco Português de Investimento, or simply BPI, is a Portuguese private investment bank, currently owned by finance multinational CaixaBank. Founded in 1981, it runs the banking business with companies, institutional and private clients. It is the third largest private Portuguese financial group with assets of €112.9 billion. Chairman and CEO is Fernando Ulrich. The bank is headquartered in Porto.

<span class="mw-page-title-main">São Tomé and Príncipe</span> Island country in Central Africa

São Tomé and Príncipe, officially the Democratic Republic of São Tomé and Príncipe, is an island country in the Gulf of Guinea, off the western equatorial coast of Central Africa. It consists of two archipelagos around the two main islands of São Tomé and Príncipe, about 150 km (93.21 mi) apart and about 250 and 225 km off the northwestern coast of Gabon. With a population of 201,800, São Tomé and Príncipe is the second-smallest and second-least populous African sovereign state after Seychelles.

<span class="mw-page-title-main">Central Bank of São Tomé and Príncipe</span> Central Bank of São Tomè and Príncipe

The Central Bank of São Tomé and Príncipe is the central bank of São Tomé and Príncipe, a Portuguese-speaking island nation off the western equatorial coast of Central Africa.

Ferbar – Fernando Barros, Produtos Alimentares, Lda or simply Ferbar, is a Portuguese company specialized on wholesale of food products, including canned vegetables, sauces, tomato products and canned fruits. The company, headquartered in Maia, Greater Porto subregion, is the leading brand on its segment in Portugal. The company exports its wide range of products to several countries, including Angola and Mozambique.

<span class="mw-page-title-main">Angolan Basketball League</span> Basketball league

The Angolan Men's Basketball League,, for sponsorship reasons known as the Unitel Basket, is the top tier men's basketball league in Angola.

<span class="mw-page-title-main">São Tomé and Príncipe at the 2016 Summer Paralympics</span> Sporting event delegation

São Tomé and Príncipe competed at the 2016 Summer Paralympics in Rio de Janeiro, Brazil from 7 to 18 September 2016. The country's participation in Rio marked its debut appearance in the quadrennial event, although it had competed in the Summer Olympics six times since the 1996 Games. The delegation consisted of a single short-distance runner Alex Anjos, who was chosen as São Tomé and Príncipe's flag bearer for the opening ceremony. Anjos was disqualified from the men's 100 metres (T47) for arriving late and failed to advance into the final of the men's 400 metres (T47) after failing to set a fast enough lap time.

Manuel Ferreira was a Portuguese writer that became known for his work centered around African culture and literature.

Bank BIC Namibia Limited is a commercial bank in Namibia. It is licensed by the Bank of Namibia (BoN), to operate and trade in the country. The bank is a subsidiary of the Bank BIC Group, a financial services conglomerate based in Angola, with banking subsidiaries in Angola, Portugal, Cape Verde and Namibia, and with a representative office in South Africa. 

References

  1. "Annual report 2011, Page 173 (en)" (PDF). Archived from the original (PDF) on 2013-11-06. Retrieved 2012-08-12.