Angola's central bank on Monday announced "extraordinary overhaul measures" for the local unit of Portugal's Banco Espirito Santo, saying a sovereign guarantee of most of its loans would be revoked in the initial phase of this process.
Provisional administrators had been named to carry out the over
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
