National Bank of Angola which at the time was an overseas province of Portugal. In 1926, the Portuguese established a separate issue bank for Angola, creating the Bank of Angola (). BNU transferred its branch in Stanleyville to this bank, which in 1934, transferred the branch to Boma, before closing it in 1947. When Angola gained its independence in 1975, the government nationalized the banking sector. "Banco de Angola" became "Banco Nacional de Angola" (BNA); "Banco Comercial de Angola" became "Banco Popular de Angola", and is now "Banco de Poupança e Crédito". The BNA continued to function as a central bank, bank of issue
1970s in Angola the week before independence. While Cuban officers led the mission and provided the bulk of the troop force, 60 Soviet officers in the Congo joined the Cubans on November 12. The Soviet leadership expressly forbid the Cubans from intervening in Angola's civil war, focusing the mission on containing South Africa. In 1975 and 1976 most foreign forces, with the exception of Cuba, withdrew. The last elements of the Portuguese military withdrew in 1975 and the South African military withdrew in February 1976. On the other hand, Cuba's troop force in Angola increased from 5,500 in December 1975 to 11,000 in