Regulatory Alerts2025-07-30
Directive No. 07 of July 28, 2025
The Banco Nacional de Angola, through its Markets Department, issues Directive No. 07/2025 to update mandatory reserve calculation and compliance requirements in alignment with the current macroeconomic framework. The directive sets fixed coefficients of 18% for national currency and 22% for foreign currency, while specifying eligible assets, including treasury bonds and deposit balances, and defining credit rights deductions for agricultural, real sector, and housing loans. Effective August 1, 2025, the directive revokes Directive No. 06/25 and mandates monthly balance averaging with compliance due in the subsequent month, ensuring enhanced monetary policy instrument efficiency.
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