Government of Angola could acquire stake in Banco Espírito Santo Angola
Estado Angolano poderá adquirir participação no Banco Espírito Santo Angola
Intel ID : 217379
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Guarantee execution may lead the Angola Government to enter BESA's share capital. The sovereign guarantee granted by Angola Government to BES Angola (BESA), to ensure payment of loans valued at EUR 4200m, should be partially used during the second semester, said BES CFO Amílcar Morais Pires, yesterday. The exact conditions to execute this guarantee could lead to the Government of Angola to enter BES Angola's share capital.
(content in portuguese)
Execução da garantia poderá levar à entrada do Estado angolano no capital do BESA. A garantia soberana que o Estado angolano concedeu ao BES Angola (BESA) para assegurar o pagamento dos créditos no valor de EUR 4200m deverá ser parcialmente utilizada durante o segundo semestre, disse ontem o administrador financeiro do BES, Amílcar Morais Pires. As condições exactas em que pode ter lugar a execução da garantia, o que poderá significar a entrada do Estado angolano no capital do BES Angola. |
| Intel ID | 217379 | ||
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50.01.02 Government Administration 50 Public Services & NGOs / 50.01 Government & Public Administration |
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25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment |
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