Regulatory Alerts1991-10-16
Notice No. 02/91 of October 16, 1991
The National Bank of Angola issued Notice No. 02/91 to establish quantitative credit limits for authorized financial institutions during the 1992 fiscal year, aiming to ensure internal monetary equilibrium, external currency solvency, and the absorption of structural excess liquidity. These limits will be calculated proportionally to each institution's share of demand and time deposits, with quarterly ceilings adjusted based on the previous quarter's weighting. The detailed distribution framework will be published separately by the central bank, and the notice takes immediate effect.
Share