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
Angola Avante an author who studied in Huambo and is affiliated with both the country's Writer Union and Union of Artists and Composers. He is one of the best-selling writers in the capital city Luanda – according to an "informal survey" conducted in July 2003 – and writes about "everyday life" in the country using satire and irony. The song was officially designated as the country's national anthem in 1975, when the country gained independence on November 11 of that year. It is enshrined under Article 164 of the constitution of Angola. Its lyrics refer to several key events in the history