Regulatory Alerts1993-11-29
Notice No. 13/93 of November 29
The Governor of the National Bank of Angola issued Notice No. 13/93 to update the minimum share capital requirement for commercial, investment, and development banks. The regulation amends Notice No. 1/92 by mandating that these institutions must hold a minimum capital of 26,000,000,000.00 New Kwanzas, fully deposited with the National Bank of Angola upon establishment. This notice takes immediate effect upon publication.
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