Vice Governor for Reinforcement of Micro-Credit

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    Angola Press Agency (Luanda)

    18 May 2011


    Lobito — The deputy governor of central Benguela province, Agostinho Felizardo, Wednesday here appealed to local commercial banks to reinforce their micro-credit packages.

    According to the official who was speaking at the opening of the Business Service Centre of the African Investment Bank (BAI), micro-credit is a fundamental instrument in the development of the communities and fight against poverty.

    By so doing, Agostinho Felizardo said, the banks will be helping the Government with projects underway designed to fight poverty in the communities.

    He also encouraged BAI to open branches in the provinces inland districts to respond to the needs of local residents.

    Commenting on BAI Business Service Centre, the deputy governor praised the initiative saying such a counter will help speed up operations.

    In his turn, BAI executive director, Luís Filipe Lelis, said the bank is ready to cooperate with the Government.

    The inauguration of the Business Service Centre was witnessed by the BAI group CEO.

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    Taken from:
    Vice Governor for Reinforcement of Micro-Credit