Company Information

Get to know Banco de Fomento Angola

Banco de Fomento Angola (BFA) was founded in 2002, emerging from the Angolan branch of Banco BPI. It has since grown to become one of the largest and most reputable financial institutions in Angola. As a universal bank, BFA offers a wide array of products and services, including retail banking, corporate banking, investment services, and private banking. The bank's mission is to be a benchmark institution in the Angolan financial market, contributing to the country's economic development while maintaining strong corporate governance. BFA is part of the Portuguese Banco BPI group, which is wholly owned by the Spanish financial group CaixaBank.

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Financial BankingPRIMARY

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Banco de Fomento Angola

Angola

Founded in

01 Jan 1993 (33 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.