Press

Mozambique BNI Bank to work with Europe on renewable energy

Mozambique BNI Bank to work with Europe on renewable energy

Mozambique’s BNI National Development and Investment Bank have been selected as one of the Mozambican banks to participate in a project sponsored by European Union entities aimed at supporting financial institutions in the energy sector, specifically renewable energies.   The project aims to promote local financing of the renewable energy ecosystem and is managed by the GIZ ‘Financial Systems Development’ program on behalf of GET.invest, an initiative supported by the EU, Germany, Sweden, Netherlands, and Austria. The implementation of the project is under Frankfurt base IPC GmbH.   Through technical support, the program aims to promote national private financing for different types of investments in renewable energies, supporting BNI in the...

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Financing to the productive sector is small

Financing to the productive sector is small

Financing to the productive sector is small The configuration of credit distribution in the economy highlights the need for the country to further deepen its productive roots.   Bank credit is an important financial instrument for the financing of consumer and investment activities by economic agents and, therefore, in the promotion of economic growth, in a dynamic that ensures that existing resources are channeled to the most productive sectors of the economy.   Analysing the distribution of credit by sectors of the Covid-19 credit lines, the CEO of Banco Nacional de Investimentos – BNI, Tomás Matola, notes that the predominance...

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Monetary policy management must be complemented by actions in the real sector

Monetary policy management must be complemented by actions in the real sector

– The management of monetary policy must be complemented by actions in the real sector of the economy to better control inflation, argues Tomás Matola, President of the Executive Committee of BNI, at Semanário Económico.   Price stability is a sine qua non for the development of any economy. Low rate inflation allows low interest rates, which encourages investment, due to the low cost of financing, boosting growth and employment, in addition to positive effects on other variables that represent macroeconomic stability as an important element for investor confidence. In the case of Mozambique, despite the trend of stabilization in...

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BNI’s CEO visits Gaza and Inhambane and encourages local entrepreneurs

BNI’s CEO visits Gaza and Inhambane and encourages local entrepreneurs

Within the scope of the disclosure process for the COVID-19 credit lines, the Chairman of the Executive Committee of the Banco Nacional de Investimento (BNI), Tomás Matola, visited the southern region of the country, namely the Provinces of Gaza and Inhambane, where he met with the local business community represented by the different sectors that bring together micro, small and medium-sized enterprises.

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CEO of Banco Nacional de Investimento visits Cabo Delgado

CEO of Banco Nacional de Investimento visits Cabo Delgado

As part of the disclosure of the COVID-19 credit lines, a team from the Banco Nacional de Investimento (BNI), headed by the respective Chairman of the Executive Committee, Tomás Matola, today visited the City of Pemba in the Cabo Delgado Province, where he made the presentation credit lines to entrepreneurs in that Province, in a meeting with all local business associations.

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EDM emergency program financing agreement

EDM emergency program financing agreement

The Government of Mozambique (GoM), taking into account the need to satisfy the high electricity deficit, approved through EDM, the implementation of the emergency program budgeted at US$162 million, which foresees the execution of several emergency projects for Maputo, Lichinga, Nampula, Quelimane, Pemba, Nacala and Anchilo.

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BNI and EMOSE sign commercial and strategic partnership

BNI and EMOSE sign commercial and strategic partnership

Banco Nacional de Investimento (BNI) and Empresa Moçambicana de Seguros (EMOSE) have joined forces to offer their customers and the market in general a one stop shop solution, which essentially consists of a broad, integrated and combined offer of products and services. financial and insurance services, under competitive terms and conditions compared to those currently on the market.

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Mozambique in talks with China about priority projects to finance

Mozambique in talks with China about priority projects to finance

Mozambique, in coordination with the National Development and Reform Commission of China, is in an advanced process of evaluating priority projects already selected for subsequent financing in the areas of infrastructure, energy, transport, agriculture and industrial parks, among others, announced the ambassador of Mozambique to China.

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