Regulatory Alerts2020-04-05
Instruction No. 06/2020 of April 6, Monetary Policy
The Central Bank of Angola issued Instruction No. 06/2020 to establish a Kz 100 billion liquidity line enabling small and medium-sized enterprises to convert non-adjustable treasury bonds into immediate cash. The directive mandates commercial banks to verify eligibility, process sales within specified business days, and charge a fixed 0.1% financial intermediation commission while prohibiting additional fees. Valid for 90 days or until the limit is exhausted, the policy allows the Central Bank to extend the term or increase the allocation based on market demand and justified requests.
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