2026-04-02

Order Revoking Authorization Dated 2 April 2026 – Women of Pemba Credit Cooperative, SCRL

The Bank of Mozambique issued this order to revoke the operating authorization of the Women of Pemba Credit Cooperative, SCRL following its 4 April 2025 request for activity cessation. Citing the cooperative's formal renunciation under Article 23 of the Credit Institutions and Financial Companies Law, the Governor formally cancels its authorization for activity. The order simultaneously appoints the Deposit Guarantee Fund as liquidator to oversee the cooperative's administrative liquidation process.

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Proof Thursday, 2 April 2026 I SERIES — Number 63 OFFICIAL PUBLICATION OF THE REPUBLIC OF MOZAMBIQUE NATIONAL PRESS OF MOZAMBIQUE, E.P. NOTICE The matter to be published in the «Boletim da República» must be sent as a duly authenticated copy, one for each subject matter, which shall contain, in addition to the necessary indications for this purpose, the following endorsement, signed and authenticated: For publication in the «Boletim da República». SUMMARY Price — 10.00MT NATIONAL PRESS OF MOZAMBIQUE, E.P. Bank of Mozambique: Order: Revokes the authorization for the exercise of activity granted to the Women of Pemba Credit Cooperative, SCRL and appoints the Deposit Guarantee Fund as liquidator. SUPPLEMENT BANK OF MOZAMBIQUE Order Pursuant to Article 37 of Law No. 1/92, dated 3 January, the Organic Law of the Bank of Mozambique, the Bank of Mozambique is responsible for the supervision of Credit Institutions and Financial Companies.

  1. Considering that: a) The Women of Pemba Credit Cooperative, SCRL requested the cessation of activities on 4 April 2025; and
  2. Having in mind that: a) Pursuant to paragraph h) of paragraph 1 of Article 23 of Law No. 20/2020, dated 31 December – Law of Credit Institutions and Financial Companies (LICSF), the fact that a credit institution or financial company renounces its authorization constitutes grounds for the revocation thereof.
  3. In the exercise of the powers conferred upon me by paragraph 1 of Article 24 of LICSF, combined with paragraphs 1 and 2 of Article 49 of Law No. 30/2007, dated 18 December, Law of the Administrative Liquidation of Credit Institutions and Financial Companies, I decide: a) To revoke the authorization for the exercise of activity granted to the Women of Pemba Credit Cooperative, SCRL; and b) To appoint the Deposit Guarantee Fund as liquidator. Maputo, 2 April 2026. — The Governor, Rogério Lucas Zandamela.