MESSAGE FROM THE CHAIRMAN AND THE CEO

The year was marked by the successful delivery of the PHIT 2.4 Strategic Plan, which was based on six strategic pillars. The implementation of the Plan has boosted sustainable growth and consolidated ATLANTICO’s transformation.

STRATEGY

The net profit of AOA 16.8 billion reflects our ability to generate value sustainably, as a result of a strategy geared towards sustainability and building solid foundations that ensure continuity and confidence.

MACROECONOMIC FRAMEWORK

In 2024, the Angolan economy grew by 4.4%, recording the highest level of real GDP growth since 2015. Inflation stood at 27.5%, and the foreign exchange rate depreciated by 9.1% compared to 2023.

ATLANTICO

A bank committed to Angola’s development, driven by talent, innovation, and the mission to promote financial inclusion and sustainable development.

FINANCIAL

RESILIENCE

The results achieved reflect alignment with the budget targets set by the Bank, and the materialisation of the PHIT 2.4 Strategic Plan, based on transforming the balance sheet structure and strengthening the business model.

FINANCIAL STATEMENTS

AND NOTES TO THE FINANCIAL STATEMENTS

The individual financial statements of Banco Millennium Atlântico, S.A., presented herein relate to the period ended 31 December 2024.