| Type | Subsidy of state-run company |
|---|---|
| Industry | Finance |
| Founded | November 13, 1996 |
| Headquarters | Luanda |
| Products | Financial services |
| Website | http://www.bancobai.co.ao/ |
Banco Africano de Investimentos, part of the Sonangol Group, is a full service bank operating in Angola. The bank operates a nationwide network of branches, including 16 branches in Luanda and 1 in South Africa.
The BAI has 1 filial in Portugal, Banco BAI Europa S.A. and this filial has 2 branches 1 in Lisbon and another branch in Porto.
In 2008 BAI open another filial in Cape Verde and this filial has several branch in CCape Verde.
During the last year, BAI buy the BMF-Banco BAI Microfinanças, this bank is a small bank in Angola and offer several services including Western Union payments.
BAI also is the shareholder in others companies, like the BSA-Banco Sul Atlantico IFI in Cape Verde, BPN Brasil Banco Múltiplo S/A in Brazil, BISTP - Banco Internacional de S. Tomé e Príncipe, in São Tomé and Principe and other companies.
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