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Two commercial banks to reopen

Guinea Bissau's two commercial banks should reopen on the same day mid-May, Totta & Acores Bank Director Carlos Madeira said on Monday in Bissau. Lusa reported that the exact date for the reopening of the Totta bank and the Banco Internacional da Guine-Bissau (BIG) was still to be decided by Totta's board in Lisbon and the government of Guinea Bissau. Banks were closed in the country following the outbreak in June 1998 of a military rebellion that has since ended.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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