ATLANTICO
A bank committed to Angola’s development, driven by talent, innovation, and the mission to promote financial inclusion and sustainable development.
ATLANTICO
AN EXPERIENCE OF EXCELLENCE
The commitment to developing People, the Bank's greatest asset, is a foundational pillar of ATLANTICO. In the strategic vision for 2024, this pillar has been substantially strengthened by ATLANTICO's ambition to establish itself as the bank that best leverages its Talent. A team of properly trained, aligned, and motivated Talents ensures the delivery of greater value, which is one of the critical success factors for ATLANTICO, making it also a bank that provides an excellent Customer experience.
USING INNOVATION TO BETTER SERVE
Innovation is a fundamental principle of ATLANTICO's operations and is present in the Organisation's day-to-day activities in order to serve its Customers better each day. In 2024, the commitment to innovation was reinforced with a renewed focus on the Customer experience, recognising that their trust is essential for the sustainability and solidity of the Bank's multi-segment business model. Continuing the process begun in 2023, ATLANTICO has strengthened its focus on its Organic Units dedicated to innovation, implementing new management practices to increase agility in the creation and delivery of products and services.
SCALABLE BUSINESS MODEL
ATLANTICO is committed to a scalable business model that allows it to provide its Customers with an excellent banking experience. Its business model is based on the following fundamental principles:
PARTNERSHIP ECOSYSTEM
Within the context of the PHIT 2.4 strategic plan, ATLANTICO maintained its focus on consolidating external financing lines, with the AGF Guarantee Line standing out. At the same time, it has also reinforced its credit lines, which are essential for supporting trade finance and treasury operations, to strengthen its position in the domestic and international markets. Additionally, by facilitating access to foreign markets, it actively contributes to the country's industrialisation.
In terms of international relations, ATLANTICO has focused on strengthening its correspondent banking network, which currently has 125 institutions (26 of which have active relationships).
ESG (ENVIRONMENTAL,
SOCIAL AND GOVERNANCE)
Sustainability is a strategic pillar for ATLANTICO, reflecting its commitment to creating long-term value for society, Customers, and other stakeholders. In line with this vision, the Bank has been strengthening its approach to ESG (Environmental, Social and Governance) issues, promoting initiatives that drive responsible and sustainable practices. In 2024, as part of its Sustainability Journey, ATLANTICO developed a set of initiatives, notably including a consultation with the Bank's stakeholders which led to the identification of the following priority Sustainable Development Goals (SDGs):
With the support of the IFC (International Finance Corporation), ATLANTICO began implementing its ESMS Policy, in a revised version approved and published in 2024. Through this policy, the Bank seeks to strengthen the management and mitigation of environmental and social risks associated with its loan portfolio. Using careful analysis, ATLANTICO establishes clear guidelines and rules for the selection and evaluation of projects, with the aim of promoting sustainable and responsible practices.
MANGROVE PLANTATION ON MUSSULO ISLAND
In honour of International Mangrove Conservation Day, the Bank promoted a mangrove planting initiative on the coast of Mussulo Island, in which ATLANTICO volunteers participated in collaboration with Otchiva – Protecção e Restauração dos Mangais em Angola, an association dedicated to the protection and restoration of mangroves, and with the involvement of representatives and volunteers from the local community. 6,650 mangroves were planted, contributing significantly to the recovery and preservation of the coastal ecosystem.
WORLD CLEANUP DAY
ATLANTICO joined World Cleanup Day, which, for the first time, included the participation of Employees and volunteers from across the country. In Luanda, the initiative took place at Cancun Beach, in the municipality of Sambizanga. In other provinces, the Bank carried out cleaning operations around its branches. This initiative was in line with ATLANTICO’s commitment to SDG 13 (Climate Action).
Impact programme – Malembe Malembe Credit: Recognising the crucial importance of artisanal fishing as an essential economic activity in Angola, ATLANTICO created this programme with the aim of providing access to adequate financing, enabling artisan fishermen to strengthen their operations and achieve greater financial stability. The programme aims to boost local socioeconomic development and promote financial inclusion in these communities.
Impact programme – Malembe Malembe Credit: Recognising the crucial importance of artisanal fishing as an essential economic activity in Angola, ATLANTICO created this programme with the aim of providing access to adequate financing, enabling artisan fishermen to strengthen their operations and achieve greater financial stability. The programme aims to boost local socioeconomic development and promote financial inclusion in these communities.
Literacy, Financial Inclusion and Innovation – *400# Agiliza: is ATLANTICO's platform for creating value and prosperity through financial literacy and inclusion. With the motto, O teu telemóvel é o teu Banco (Your cell phone is your bank), *400# Agiliza empowers the entire population, particularly low-income families living in remote and/or regions where access to structured financial services is limited or non-existent.
Literacy, Financial Inclusion and Innovation – *400# Agiliza: is ATLANTICO's platform for creating value and prosperity through financial literacy and inclusion. With the motto, O teu telemóvel é o teu Banco (Your cell phone is your bank), *400# Agiliza empowers the entire population, particularly low-income families living in remote and/or regions where access to structured financial services is limited or non-existent.
SOCIAL TRANSFORMATION
Social transformation is a foundational pillar of ATLANTICO, and it is in its DNA to share the results of its activity with the communities in which it operates, leaving a relevant mark on society. The Founders created an Institution based on creating Values for Life. An institution that generates value for its Customers, Shareholders, People and, above all, for the Communities.
ATLANTICO is continuously and increasingly committed to social transformation, impacting the lives of communities. Through the Partilhamos Valores para a Vida (We Share Values for Life) Programme, each employee has the opportunity to positively impact society in a responsible and innovative way by demonstrating solidarity, commitment, empathy, and love for others. The programme inspires dreams, helps achieve goals, and supports sustainable projects.
Actions have also been developed to support institutions, selected in line with ATLANTICO’s social transformation strategy, with a focus on knowledge and entrepreneurship, namely through initiatives to boost agri-business, and to support inclusive, equitable and quality education, in collaboration with a number of strategic partners.
Dombe 4.0 Project: Financial Inclusion and Rural Development – an initiative focused on the commune of Dombe Grande, in Benguela province. This project aims to promote banking access and financial literacy among local farmers, integrating them into the formal financial system.
Dombe 4.0 Project: Financial Inclusion and Rural Development – an initiative focused on the commune of Dombe Grande, in Benguela province. This project aims to promote banking access and financial literacy among local farmers, integrating them into the formal financial system.
United for Education Project – aims to improve the quality of primary education in Angola by training teachers and school managers, promoting student-centred teaching methodologies, and strengthening the connection between schools and local communities. The project operates in the provinces of Malanje, Kwanza Norte, Lunda Norte, Lunda Sul, Huambo, and Bié.
United for Education Project – aims to improve the quality of primary education in Angola by training teachers and school managers, promoting student-centred teaching methodologies, and strengthening the connection between schools and local communities. The project operates in the provinces of Malanje, Kwanza Norte, Lunda Norte, Lunda Sul, Huambo, and Bié.
Dual Impact Fund: in partnership with Hemera Capital Partners, ATLANTICO is the initial investor in the Dual Impact Fund, the first impact fund in Angola. This is a specialised vehicle to support startups and SMEs that focuses on investing in projects that offer potential financial return allied with the resolution of social problems.
Dual Impact Fund: in partnership with Hemera Capital Partners, ATLANTICO is the initial investor in the Dual Impact Fund, the first impact fund in Angola. This is a specialised vehicle to support startups and SMEs that focuses on investing in projects that offer potential financial return allied with the resolution of social problems.
GOVERNANCE
Management
Office
Autonomous unit
Alternation
* The replacement order presented should only be applied in cases where the absent/ prevented Board Member has not had the opportunity to directly appoint his replacement, with due caution regarding potential conflict of interest situations.
The CEO and the Deputy Chairman may adjust the appropriate division of areas of responsibility among themselves whenever one of them is absent/prevented from performing duties.
** Hierarchical reporting, with functional reporting to the Chairman of the Audit and Internal Control Committee for Compliance Office and Internal Audit, and to the Chairman of the Risk Committee for Risk Office.