BPI's Angolan bank IPO gives executives and directors a €5.5 million 'jackpot'

In recent weeks, several senior officials of Banco de Fomento Angola (BFA), of which BPI is a reference shareholder alongside the Angolan State, have sold shares in the bank for more than €9.3 million, according to research carried out by ECO based on the information they provided to the market regulator. In ...