Regulatory Alerts2024-01-26
National Bank of Angola Instruction No. 01/2024 on Liquidity Risk Requirements for Banking Institutions
The National Bank of Angola has issued Instruction No. 01/2024 to establish minimum prudential requirements for liquidity risk management across all supervised Banking Financial Institutions. The directive mandates institutions to calculate and maintain a liquidity ratio of at least 100 percent for national currency flows and 150 percent for significant foreign currency exposures, alongside a mandatory 10 percent liquidity conservation buffer. Institutions must submit fortnightly and monthly liquidity tables, report intra-group movements, and immediately notify the central bank of any ratio breaches or buffer consumption while implementing timely recovery action plans.
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