Regulatory Alerts2023-11-28
Guideline No. 16 - 2023, November 28
The National Bank of Angola issued Guideline No. 16/2023 to eliminate the custody fee on excess free reserves held by commercial banks at the central bank. This revocation of Guideline No. 08/23 sustains the mobilization of idle banking resources and strengthens financial intermediation between banking institutions and economic agents. The measure takes effect upon publication, with the central bank retaining authority to resolve any interpretative doubts or omissions.
Share