Regulatory Alerts2025-09-10
Notice No. 05/2025 of 10 September
The Banco Nacional de Angola issued Notice No. 05/2025 to establish the calculation methods, rates, and payment procedures for the initial, periodic, and extraordinary contributions that banking financial institutions must make to the Resolution Fund. The regulation mandates a 1% initial contribution based on audited own capital, annual periodic contributions calculated on average monthly liability balances adjusted for institutional risk profiles, and extraordinary contributions triggered by fund resource shortfalls during resolution measures. It further outlines payment modalities, including hybrid cash and collateral options, temporary exemptions for institutions in distress or undergoing mergers, and strict compliance deadlines with associated sanctions.