1992-05-25

Directive No. 1/DSB/92: Financial Applications - Overdue Credit

The Banking Supervision Directorate mandates that all authorized financial institutions operating in the country must quarterly submit certified balances for account "28 - Overdue Credits, Securities and Interest" to the Directorate. This requirement operationalizes paragraph 2 of Instruction No. 10/91 dated December 17. Institutions must use the attached demonstrative schedule format and ensure the submission is certified by two auditors.

Angola

Banco Nacional de Angola

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DIRECTIVE No. 1/DSB/92 SUBJECT: FINANCIAL APPLICATIONS

• Overdue Credit For the purposes of paragraph 2 of Instruction No. 10/91 of December 17, authorized financial institutions operating in the country shall quarterly submit to the Banking Supervision Directorate the balances of account "28 - OVERDUE CREDITS, SECURITIES AND INTEREST" in a demonstrative schedule according to the attached model, duly certified by two auditors. Luanda, May 25, 1992. BANKING SUPERVISION DIRECTORATE