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Banco de Desenvolvimento de Angola (English: Development Bank of Angola) (BDA) is the public bank of Angola to finance investments in "strategic long-term economic development" of the country. It was created July 2006 by government decree No. 37/06.
| Company type | Publicly owned |
|---|---|
| Industry | Banking |
| Founded | July 2006 |
| Founder | Government of Angola |
| Website | www |
The BDA administers the Fundo Nacional de Desenvolvimento - FND (National Development Fund - NDF) which is supplied by 5% of the fiscal results of the petroleum industry of Angola and 2% of the fiscal results of the diamond activities of Angola.
In 2008, the bank financed projects worth 8.7 billion Kwanzas, corresponding to about $US 116 million.
External links and sources
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- Banco de Desenvolvimento de Angola Archived 2017-01-07 at the Wayback Machine
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