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
CIA activities in Angola for clandestine operations in which covert operations were authorized: “The first meeting involved only money, but the second included some arms package." Beginning in 1975, the CIA participated in the Angolan Civil War, hiring and training American, British, French and Portuguese private military contractors, as well as training National Union for the Total Independence of Angola (UNITA) rebels under Jonas Savimbi, to fight against the Popular Movement for the Liberation of Angola (MPLA) led by Agostinho Neto. John Stockwell commanded the CIA's Angola effort in 1975 to 1976. In a meeting including President Richard Nixon and Chinese Vice-Premier Deng Xiaoping,