Luanda:The stock of credit to the Angolan economy in national currency reached 7.6 trillion kwanzas (AOA) in September, marking an increase of AOA 809 billion, or 11.9%, compared with the same period in 2025.
According to Angola Press News Agency, the figures are detailed in the Statistical Information Note on Credit issued by the National Bank of Angola (BNA). The document reveals that gross credit to the non-financial sector amounted to AOA 9.5 trillion, an increase of approximately AOA 1,037.3 billion compared with the same period a year earlier. Of this total, 84.9% represented the indebtedness of the private sector and 15.1% that of the public sector.
Indebtedness in the non-financial public sector totaled AOA 1.4 trillion, with 63.0% related to public administration and 37.0% to state-owned enterprises, reflecting a year-on-year increase of AOA 257.5 billion. In the private sector, which includes private companies and individuals, indebtedness rose by AOA 779.8 billion, or 10.7%, from AOA 7.3 trillion in September 2025 to AOA 8.15 trillion in September 2026.
Indebtedness among non-financial private companies reached AOA 6.3 trillion, an increase of AOA 542.6 billion, or 9.5%. Lending to individuals totaled AOA 1.8 trillion, an increase of AOA 237.2 billion, or 14.7%.
Gross credit to the real sector of the economy totaled AOA 2.1 trillion, an increase of AOA 403.5 billion, or 23.3%, compared with the previous year. This growth was mainly driven by the manufacturing industries, which recorded an increase of AOA 217.4 billion, or 29.6%.
The note also states that total credit granted under BNA Notice No. 10/2024 to promote the real sector amounted to AOA 1.5 trillion, representing 70.5% of all credit extended to this sector and 16.4% of the banking system's gross credit portfolio. Year on year, financing increased by AOA 177.4 billion, or 13.4%, with manufacturing standing out with an increase of AOA 192.1 billion, or 26.5%, despite a reduction of AOA 60.4 billion, or 16.8%, in extractive industries.
The manufacturing subsector received AOA 951.5 billion, equivalent to 44.6% of the stock of credit to the real sector, with AOA 917.3 billion, or 96.4%, granted under Notice No. 10/24. Meanwhile, credit to the extractive industries subsector stood at AOA 852.5 billion, equivalent to 39.9% of the stock of credit to the real sector, with AOA 300.1 billion, or 35.2%, allocated under the notices governing the granting of credit to the real sector.
The agriculture, livestock production, hunting, forestry, and fisheries segment received AOA 330.4 billion, representing 15.5% of the stock of credit to the real sector. Of this amount, AOA 287.5 billion, or 87.0%, was granted under BNA notices.
