BFA first Angolan bank with correspondent relationship with US Citibank
Business

BFA first Angolan bank with correspondent relationship with US Citibank

SAPO Notícias28 August 2026 at 19:58

BFA – Banco de Fomento Angola has become the first Angolan bank to establish a banking correspondent relationship with Citibank, one of the largest banks in the United States and one of the largest financial institutions in the world. This operation was described by BFA itself as a historic milestone in its internationalization strategy. The Angolan bank's statement highlights the importance of this connection for its expansion in the international financial market.

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