Luanda – At least Usd 148 million in micro-credit have been released by the privately-owned Sol Bank since early this year, as part of its strategic programme, Angop learned Thursday in Luanda.
The information was released by Sol Bank’s CEO, Coutinho Nobre Miguel, who was speaking about the expansion of his institution’s activity.
According to the official, Sol Bank has designed a programme to release a monthly grant of one million US Dollars for micro, small and medium-size businesses.
He said Sol Bank has a very active credit portfolio and will continue to foment and promote micro, small and medium businesses in the country.
Coutinho Nobre Miguel said as well his bank has several credit lines to support the country’s economy, including agriculture investment credit, campaign credit and funds for “Angola Investe” and “Entrepreneurship in the community” programmes.
Sol Bank is based in the provinces of Luanda, Zaire, Bengo, Malanje, Benguela, Bié, Huambo, Cabinda, Huíla, Uíge, Kwanza Sul, Cunene, Kwanza Norte, Kuando Kubango, Namibe, Zaire and Bengo.