Luanda – At least Usd 120 million will be granted by the US Export and Import Bank (Ex-Im Bank) to four Angolan banks.

The banks are African Investments Bank (BAI), Angola’s Foment Bank (BFA), Angolan Savings and Credit Bank (BPC) Angola’s Espírito Santo Bank (BESA), to cover the import of goods from the United States of America.

According to a press note from the US embassy in Luanda released to Angop, the Ex-Im Bank’s board of directors approved this credit facility in order to allow the four Angolan banks to provide their customers with a better service.

According to the US ambassador to Angola, Dan Mozena, Ex-Im Bank’s decision reflects the continuous trust of the Unite States of America in the future of Angola.

To him, the credit will provide the Angolan private sector with an expedite access to high quality goods and services and permit the country to continue with its massive programme of reconstruction.

Dan Mozena appealed to the Angolan business people to explore the benefits of this facility, adding that the bank officials said they are ready to increase the amounts.