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Standard Bank Angola launches new Private Banking offer

The bank targets high-income clients with specialized managers and exclusive services, requiring a minimum monthly income of four million kwanzas.

Standard Bank Angola (SBA) launched its new Private Banking value proposition in Luanda on Thursday, targeting high-income individual clients.

The offering includes a dedicated team of managers, bancassurance, investment, and savings products, along with a credit card providing VIP airport lounge access, medical assistance, and legal support.

This launch follows the bank's privatization of 34% of its capital in September, making all SBA shares available for trading on the BODIVA stock exchange.

Why it mattersAngolan high-income earners can now access exclusive banking services and benefits.