Banking in Angola

Angola has a growing and increasingly digital banking sector, with several banks offering mobile apps, multi-currency accounts, and services for both locals and foreigners. If you’re living in Luanda — or planning to move here — it’s important to understand how to open a bank account in Angola, which banks are most widely used, and what digital tools are available. In this guide, you’ll find key information about banks in Angola, how to manage your money locally, and how to use banking apps in Luanda to simplify your daily life.

Major Banks in Angola

BAI (Banco Angolano de Investimentos):
One of the largest and most trusted banks in Angola, with a user-friendly mobile app and a wide branch network.
BFA (Banco de Fomento Angola):
Offers strong mobile banking solutions and is widely used for salaries and personal banking.
BIC (Banco BIC):
Known for its accessibility and options for both individuals and businesses.
Banco Económico:
Offers corporate and personal banking, with a digital platform in development.
Millennium Atlântico:
A leading private bank with modern digital services and a strong presence across Angola.
Banco Keve:
A smaller bank, but gaining popularity due to customer-focused services.
Banco Yetu:
Focused on innovation and financial inclusion, also offering mobile services.