Regulatory Alerts1993-04-13
Notice No. 05/93 of April 14
The Governor of the National Bank of Angola issues this notice to update the minimum share capital requirement for Commercial, Investment, and Development Banks established under Notice No. 1/92. The regulation mandates that these institutions must maintain a minimum share capital of at least NKZ 16,000,000,000 (Sixteen Billion New Kwanzas), fully deposited at the National Bank of Angola by their date of incorporation. This notice enters into force immediately, superseding the previous capital thresholds outlined in the April 1992 directive.
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