ANGOLA: BANK CONSOLIDATION BECOMES URGENT AS ECONOMY IS SET FOR 2019 RECOVERY

ANGOLA: BANK CONSOLIDATION BECOMES URGENT AS ECONOMY IS SET FOR 2019 RECOVERY

   Thu, 10 January 2019

Angola’s economy will recover in 2019 on the prospect of rising oil production levels and IMF credit support; however, the country’s banks urgently require a round of consolidation to improve asset-quality and foreign-exchange risks.



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