The net profits of the Angolan banking sector rose 295 percent in 2021 to AOA 592.4 billion (US$1.3 billion), with Banco Económico (BE) recovering from losses and leading the table.
The figures are from the study "Banking under Analysis 2022" by consultancy Deloitte, which is being presented today in Luanda.
The study analyzes in detail the 25 banks operating in the Angolan financial system, considering the performance in various financial indicators.
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