Banking & Finance · Tier 1 — Anchor

BFA

Tier 1 — AnchorForeign-controlled (CaixaBank)LuandaVerified

The second-largest Angolan bank by assets, majority-owned by Spain's CaixaBank — Angola's premier corporate banking franchise.

Banco de Fomento Angola (BFA) is Angola’s second-largest bank by total assets, with a 17.2% market share. Majority-owned by Spain’s CaixaBank Group since 2016, BFA combines deep domestic franchise with international parent-bank capability — making it one of the most common banking partners for foreign multinationals operating in Angola.

BFA is BODIVA-listed (alongside BAI), with shares having appreciated significantly in 2025–2026. The bank is a leader in corporate, FX, and trade finance, and operates one of the strongest debit and credit card networks in the country.

The Angola Business Brief