Banco de Desenvolvimento de Angola
{{short description|Angolan bank}}
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{{Infobox company
| name = Banco de Desenvolvimento de Angola
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| type = Publicly owned
| industry = Banking
| founded = July {{Start date and age|2006}}
| founder = Government of Angola
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| website = {{URL|www.bda.ao}}
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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.
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.
See also
External links and sources
{{Portal|Banks}}
- [http://www.bda.ao/ Banco de Desenvolvimento de Angola] {{Webarchive|url=https://web.archive.org/web/20170107200259/http://www.bda.ao/ |date=2017-01-07 }}
{{Economy of Angola}}
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{{Angola-stub}}
Category:Government-owned companies of Angola
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