Rédaction Africa Links 24 with ANGONOTÍCIAS
Published on 2024-02-28 15:16:34
The indebtedness of non-financial private companies corresponded to 4.12 billion, which represents an increase of 709.82 billion Kwanzas (20.79%), and the indebtedness of individuals corresponded to 1.20 trillion Kwanzas, with an increase of 283.05 billion Kwanzas (30.91%).
Regarding the Real Sector, the document adds that in January 2024, the gross credit allocated to the Real Sector of the Economy totaled 1.24 billion Kwanzas, an increase of 92.84 billion Kwanzas (8.08%), compared to the same period last year, mainly driven by the increase in resources channeled to the “Extractive Industries” subsector, by around 119.22 billion Kwanzas (58.83%).
Despite the recorded increase, the note points out that the weight of gross credit to the Real Sector on the total credit portfolio in the banking system decreased by 3.2% compared to the same period last year, standing at 21.47% in January 2024, justified by the higher increase in credit destined for non-productive sectors (29.58%).
According to the document, the total outstanding credit granted under BNA Notice No. 10/2022, for the promotion of the Real Sector, totaled 969.16 billion Kwanzas, representing 78.06% of the total credit granted to the Real Sector and 16.76% of the gross credit portfolio of the banking system. The note emphasizes that compared to the same period last year, there was a significant increase of 267.96 billion Kwanzas (38.21%), influenced mainly by the financing of projects in the “Agriculture, Animal Production, Hunting, Forestry, and Fishing” subsector, which recorded an increase of 67.94 billion Kwanzas (19.91%). As for economic activity sectors, total credit granted to the real sector in the period under review, the “Manufacturing Industries” subsector stands out with 614.23 billion Kwanzas (49.47%), of which 598.92 billion Kwanzas (97.51%) correspond to credit under the Notice. Also included is the “Extractive Industries” subsector, with 321.87 billion Kwanzas (25.97%), of which 90.90 billion Kwanzas (28.24%) were granted under the BNA Notice on credit granting to the real sector. The “Agriculture, Animal Production, Hunting, Forestry, and Fishing” subsector also stands out with 305.41 billion Kwanzas (24.60%), of which 279.34 billion Kwanzas (91.46%) were granted under the BNA Notice on promoting credit to the Real Sector. Gross credit to the non-financial sector, in January 2024, amounted to 6.01 trillion Kwanzas, an increase of about 1.3 trillion Kwanzas (27.97%), compared to the same period last year, with 88.65% representing private sector indebtedness and 11.35% representing the public sector.
Read the original article (Portuguese) on Angonoticias
