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Angolan central bank (BNA) vice-governor Adriano Pascoal recently hosted a visiting delegation of seven Indian bankers for talks on exploring the Angolan market. They concentrated on exploring the existing economic potentials in the two countries and bilateral banking co-operation.

According to the Angolan honorary consul to Mumbai (

  • India), Sharma Nand Sharma, another meeting wass expected for detailed explanations on transactional procedures and other aspects.

    The visit of the delegation, which represents India’s international banks, aims at opening banking channels in Angola for easier commercial transactions between the two countries.

    The visitors will stay in the country for seven days. They met earlier the vice-minister of foreign affairs for co-operation, Francisco Romo, for talks on the modalities for commercial exchanges and the establishment of communication in international transactions with Angolan banks.

    The programme of the visit also included meetings with the vice-minister of commerce, Manuel da Cruz Neto, with the vice-minister of finance, Arlindo Sicato, with the chamber of commerce and industry as well as with managers of some commercial banks.