GFM Review is pleased to announce Banco de Fomento Angola Winner of Best Commercial Bank and Best Retail Bank in Angola 2016

Top Quote GFM Review has the pleasure of Awarding Banco de Formento Angola with Best Commercial Bank in Angola 2016 and Best Retail Bank in Angola 2016. End Quote
  • (1888PressRelease) August 05, 2016 - Global Financial Market Review (GFM) is a dedicated online news portal that focuses on industries and news that are involved in the financial markets. As part of its coverage of this huge and multi-disciplined industry GFM has developed a series of Awards. The Awards have been developed to reward companies and institutions who have achieved notable success in their respective fields. The Awards have become a standard for reliability, performance and security within the financial community.

    In a challenging market the GFM Awards recognize the progress, achievement and leadership of Global companies and institutions that are engaged in the financial market, either directly or indirectly through those supporting it. GFM aims to promote award winners through the GFM website while also using its media partners to ensure that various other news agencies take up the announcements.

    Articles on the GFM site are read by in excess of 40,000,000 people per year. GFM benefits from not only producing its own editorials but aggregating focused news from a number of global news providers. As a truly global financial news portal GFM aims to ensure that the panel headed by the Publisher, with input from the research team choose winners that best reflect over achievement in the nominated category.

    The awards selection panel used a wide range of criteria to come to their decisions on the 2016 award winners. Some of the general criteria depending on the industry included Transparency, Corporate Governance, Sustainability, Volume of transactions, Innovation, Customer Service. Some of the specific criteria used included Market Capitalization, Earnings per Share, Price/Earnings Ratio, Total Revenues, Net income, Operating Profits, Tier 1 Capital, Total Deposits, Loan to Deposit Ratio, Non-Performing Loan Ratio, Coverage and Provision.

    The judging panel are proud to award the following institution:
    Banco de Fomento Angola (BFA) Winner of Best Commercial Bank in Angola 2016" Award and Winner of Best Retail Bank in Angola 2016.

    These Awards recognize the exceptional manner in which Banco de Fomento Angola (BFA) has focused on delivering customer service with its distinguished critical success factor methodology over the last year. BFA has ensured that customer satisfaction has been at the core of its activities and this is reflected in the Awards. It is their "Speed in processes" which helps them to serve their customers better; their "Operational excellence" which is key to serving their customers better in the digital world; and their Culture whereby it is recognised that they need to attract and retain talent that will help them achieve their goals. They aim to develop a culture in which the focus is on the customer and it is their success in this which has helped to develop their outstanding customer service and thereby win these Awards.

    The process by which GFM Review reached this decision is open and unbiased. The research team identify a number of organizations in a given sector. This is passed to the Nominations Team who in turn contacts those institutions that have been nominated for the specific award. The judging panel then review the material presented before them and make a decision as to who, in their eyes, is worthy of the award.

    About GFM Review
    Global Financial Market Review (GFM) is an online news portal that is focused on the financial industry. It has been developed to deliver informative and independent news from around the world. The articles on GFM are both sourced from a number of independent news sources as well as written in-house. This is reflected in the quality and insight that the portal delivers to readers. GFM readership is comprised of decision makers from global businesses including FT100 and Fortune 500 companies as well as high net worth individuals.

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