Regulatory Alerts2025-05-30
Directive No. 06/2025, of May 27
The Banco Nacional de Angola issues Directive No. 06/2025 to update the calculation and compliance framework for Mandatory Reserves, aligning them with current macroeconomic conditions. The directive fixes the National Currency reserve coefficient at 19% and the Foreign Currency coefficient at 22%, while mandating a 100% rate for central and local government accounts, and explicitly defines eligible assets including Treasury bonds, deposits, and specific credit rights deductions. Effective from April 1 for the incidence base and June 1 for compliance, the directive supersedes Directive No. 03/25 and establishes clear validation procedures for credit deductions and non-compliance suspensions.
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