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
Cuban intervention in Angola November the members had celebrated Angolan independence with wine and cheese in their offices. The U.S. had not commented on the South African intervention in Angola but denounced the Cuban intervention when it first acknowledged Cuban troops in Angola in an official statement on 24 November 1975. Kissinger said "that US efforts at rapprochement with Cuba would end should 'Cuban armed intervention in the affairs of other nations struggling to decide their own fate' continue." On 28 February 1976, Ford called Castro "an international outlaw" and the Cuban intervention a "flagrant act of aggression". Due to the hostility between the