Banco de Poupança e Crédito had the largest level of capital among Angolan banks in 2021. The government-owned institution accumulated 941 million U.S. dollars in tier 1 capital, which consists of core capital, reserves, retained earnings, and minority interests. Banco de Fomento Angola followed with a capital of 623 million U.S. dollars.
Leading banks in Angola as of 2021, by tier 1 capital
(in million U.S. dollars)
The source adds the following information:
"The ranking for the Top 100 Banks survey uses Tier 1 capital which consists of capital + reserves + retained earnings + minority interests. The figures in local currencies are converted into US dollars at the foreign exchange rates on 31 December 2019 or on the year-end date in the results. Data comes from Moody’s Analytics BankFocus, Bankers’ Almanac and from African Business inhouse research. We have excluded some banks where data is old or unreliable".
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African Business. (September 30, 2021). Leading banks in Angola as of 2021, by tier 1 capital (in million U.S. dollars) [Graph]. In Statista. Retrieved January 24, 2025, from https://www.statista.com/statistics/1227629/leading-banks-in-angola-by-tier-1-capital/?__sso_cookie_checker=failed
African Business. "Leading banks in Angola as of 2021, by tier 1 capital (in million U.S. dollars)." Chart. September 30, 2021. Statista. Accessed January 24, 2025. https://www.statista.com/statistics/1227629/leading-banks-in-angola-by-tier-1-capital/?__sso_cookie_checker=failed
African Business. (2021). Leading banks in Angola as of 2021, by tier 1 capital (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 24, 2025. https://www.statista.com/statistics/1227629/leading-banks-in-angola-by-tier-1-capital/?__sso_cookie_checker=failed
African Business. "Leading Banks in Angola as of 2021, by Tier 1 Capital (in Million U.S. Dollars)." Statista, Statista Inc., 30 Sep 2021, https://www.statista.com/statistics/1227629/leading-banks-in-angola-by-tier-1-capital/?__sso_cookie_checker=failed
African Business, Leading banks in Angola as of 2021, by tier 1 capital (in million U.S. dollars) Statista, https://www.statista.com/statistics/1227629/leading-banks-in-angola-by-tier-1-capital/?__sso_cookie_checker=failed (last visited January 24, 2025)
Leading banks in Angola as of 2021, by tier 1 capital (in million U.S. dollars) [Graph], African Business, September 30, 2021. [Online]. Available: https://www.statista.com/statistics/1227629/leading-banks-in-angola-by-tier-1-capital/?__sso_cookie_checker=failed
