A PYMNTS Company

Banco Português de Negócios’ 100 percent acquisition by Banco Português de Negócios approved

By  |  January 29, 2012
Banco Português de Negócios’ 100 percent acquisition by Banco Português de Negócios approved

The Competition Authority has approved the 100 percent acquisition of Banco Português de Negócios by Angolan bank Banco Internacional de Crédito. The Authority found that the merger “does not create or increase a position of dominance that leads to competition obstacles in the financial sectors of banking and insurance.”

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Source: Macauhub

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source