Article: CGD's bank in Angola to spend EUR 67.7m on network expansion - report.

(ADPnews) - Sep 25, 2009 - Angolan bank Banco Caixa Totta, in which Portuguese state-owned bank CGD holds a stake, will invest EUR 67.7 million (USD 99.3m) to expand its branch network.

The objective in the coming 18 months is to reach all capital cities in the provinces through Angola, the deputy president of Caixa Geral de Depositos (CGD), Francisco Bandeira said as quoted by Portuguese news agency Lusa.

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