June 23, 2018 8:34 PM ET

Banks

Company Overview of Banco BIC, S.A.

Company Overview

Banco BIC, S.A. provides various banking products and services in Angola. It operates through four segments: Individuals and Business, Private Banking, Investment, and Companies. The company’s products and services include current and deposits, personal and business credit services, debit and credit cards, bonds and investment funds, and treasury services. As of December 31, 2016, it operated a network of 226 branches and customer service points, 14 corporate centers, 3 investment centers, 1 service point, and 1 private banking unit. The company was incorporated in 2005 and is based in Luanda, Angola.

Bairro de Talatona

Municipality of Samba

Luanda,  

Angola

Founded in 2005

2,069 Employees

Key Executives for Banco BIC, S.A.

Chairman of the Board & Chairman of Executive Committee
Head of Foreign Operations, Executive Director & Director
Managing Director of Planning, Accounts & Management Department and Head of Accounting
Managing Director of Information Systems Department
Managing Director of Private Banking Department
Compensation as of Fiscal Year 2017.

Banco BIC, S.A. Key Developments

Atlas Mara Reportedly Abandons Plans To Acquire Moza Banco

Atlas Mara Limited (LSE:ATMA) has reportedly dropped out of the race to acquire Moza Banco SA. Seven European and African banks, including Barclays Africa Group Limited (JSE:BGA), are conducting due diligence on the Mozambican bank and preparing to submit binding bids before the May-end deadline. Yet Atlas Mara, whose Botswana-based unit ABC Holdings Limited has a retail operation in Mozambique, has opted to withdraw its interest after more than two years of pursuing Moza Banco S.A., Zitamar said, adding that Angolan lender Banco BIC, SA has also decided not to pursue its interest.

Similar Private Companies By Industry

Company Name Region
Banco Angolano de Investimentos, S.A. Middle East/Africa
Banco Angolano de Negócios e Comércio S.A. Middle East/Africa
Banco BIC, S.A. Middle East/Africa
Banco Comercial Angolano, SA Middle East/Africa
Banco Comercial do Huambo, S.A. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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