Angola Debt and Stock Exchange (Bodiva), planned to be privatised by 2022, trades an equivalent in local currency (kwanzas) of USD2 billion a year, the institution's CEO said in a videoconference.

Walter Pacheco, who was speaking virtually at the International Roadshow for promotion of Privatisation Programme (Propriv), sponsored by the Ministry of Finance, predicted an increase in the coming years, in view of the policies being adopted by the institution.

Pacheco said that the Stock Exchange currently has 23 commercial banks (members) and two brokerages, which operate mainly in Treasury Bonds.

Also read: Angola's Stock Exchange sees a record £1.15B of transactions in 2020

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