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BRIEF-Moody's says subdued economic growth and tighter liquidity conditions will pose challenges for Angolan banks
August 30, 2017 / 7:36 AM / 24 days ago

BRIEF-Moody's says subdued economic growth and tighter liquidity conditions will pose challenges for Angolan banks

Aug 30 (Reuters) - Moody’s -

* Subdued economic growth and tighter liquidity conditions will pose challenges for Angolan banks

* Expects profitability at Angolan banks to remain stable over the next 12 months

* Angola’s banks will continue to remain funded by deposits, have good liquidity buffers in local currency

* Expects capitalisation metrics to remain broadly stable for Angolan banks, supported by sufficient earnings generation Source text - bit.ly/2iG3aLU (Bengaluru Newsroom)

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