Banco Espirito Santo Angola, or
BESA, is the Angolan unit of Portugal’s Banco Espirito Santo. The second biggest bank in the country, BESA is part of a multinational financial corporation with interests in Portugal, other parts of Europe and Brazil, in addition to Angola.
BESA prides itself on the quality of its service and its ability to give clients a wide range of financial services and products. By putting customers first, the bank has been able to grow steadily since it was founded, while winning new clients and benefiting from Angola’s recent economic growth.
The bank also believes strongly in giving back to the community. No bank can grow bigger and more profitable in a weak economy, and BESA makes a big effort to contribute to Angola’s improvement through investment, training and hiring, and through its environmental and community programs. “Our strategy has always been the same, and it rests on three pillars: profitability, social responsibility and supporting the economy of Angola,” says Alvaro Sobrinho, BESA’s CEO. “The tactics to apply that strategy can of course change” as conditions evolve.
BESA has positioned itself as a universal bank in Angola, ready and able to provide whatever services its clients require, from savings accounts to private banking products and corporate finance. Through its BESAACTIF unit it offers investment funds, and through BESA Options it provides pension fund management.
All of its units make use of the latest technology to maintain the quality of their service and to increase efficiency, boost profit and permit them to innovate and be pioneers in the Angolan financial marketplace.
“In terms of technology, we are the only bank in Angola with a completely non-proprietary computer system,” says Mr. Sobrinho. “It’s a system that is installed in the world’s biggest banks such as JP Morgan, Barclays, etc, and has an ability to integrate products and international services, which is definitely a huge advantage over the competition.”
A final important component of the bank is its programs to help improve the lives of ordinary Angolans through its support of educational, cultural and scientific events and projects. UNESCO rewarded BESA’s efforts last year by naming it “Bank of the Planet Earth,” in honor of the lender’s environmental actions.
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