Bank of Mozambique created Government of Mozambique took over, without compensation, the Mozambican operations of Banco Nacional Ultramarino, a Portuguese colonial bank that had been acting as the bank of issue for the colony. This became the nucleus of Bank of Mozambique. In 1977 the government also nationalized almost all banks in the country, including the Casa Bancária de Moçambique, and the Mozambican operations of Banco de Crédito, Comercial e Industrial and Banco Comercial de Angola, and merged them into Bank of Mozambique. At the same time it closed the operations of Banco de Fomento Nacional and Banco Pinto e Sotto Mayor. (The
Water supply and sanitation in Portugal countries including Angola, Algeria, Brazil, Cape Verde, East Timor, Morocco, Mozambique and Sao Tome e Principe, whether in the format of technical assistance or the management of water and wastewater concessionary services. Currently, the group is present in Angola, where it set up a subsidiary in 2010; in Mozambique through its stake in Aquatec; and in various other countries following the signing of service provision and technical assistance contracts. Map of service areas of water and sewer companies EPAL - the water company serving Lisbon Empresa Portuguesa das Águas Livres, SA (EPAL) is a special case. The water company serving