Regulatory Alerts2026-05-07
Circular Letter No. 01/2026, dated May 5
The Banco Nacional de Angola issued Circular Letter No. 01/2026 to provide financial relief measures for companies demonstrably affected by natural disasters in Angola. The directive establishes three definitive credit lines—national currency bond purchases, foreign currency bond purchases, and forward foreign exchange sales—with a combined available amount of up to USD 85 million (or equivalent) and maximum allocations of USD 500,000 per eligible company. These measures mandate banking financial institutions to verify eligibility, process applications within one business day via SIGMA and SPTR systems, and apply a 0.1% commission while prohibiting speculative spreads on forward FX sales.
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