Regulatory Alerts2025-05-28
Directive No. 05/2025, of May 22
The National Bank of Angola’s Banking Supervision and Financial System Regulation Departments have issued Directive No. 05/2025 to align reporting deadlines for Banking Financial Institutions submitting credit data on related parties and key management personnel. The directive mandates quarterly submissions via the Suptech Portal, or by Excel email to dsb@bna.ao until portal integration is complete, requiring definitive data and establishing clear error notification procedures without waiving statutory deadlines. It further prescribes a standardized reporting format covering credit operations, impairment stages, restructuring counts, guarantees, and economic sectors, with all interpretive ambiguities resolved by the central bank.
GOVERNOR DIRECTIVE NO. 05/2025 ORIGIN: BANKING SUPERVISION DEPARTMENT (DSB) FINANCIAL SYSTEM REGULATION AND ORGANIZATION DEPARTMENT (DRO) DATE 22/05/2025 SUBJECT: FINANCIAL SYSTEM − Reporting of Information on Credit Granted to Related Parties and Holders of Relevant Management Functions or Positions Whereas it is necessary to align the reporting deadlines that Banking Financial Institutions must submit to the National Bank of Angola (BNA); Considering the provisions of Article 6 of Notice No. 01/25, dated April 30, and Law No. 14/21, dated March 19, the General Regime of Financial Institutions Law; This Directive serves to establish the following:
- Banking Financial Institutions subject to the supervision of the National Bank of Angola must, quarterly, submit via the Suptech Portal information regarding credit granted to related parties and holders of relevant management functions or positions.
- Without prejudice to the preceding paragraph, while conditions for submitting information via the Suptech Portal are not established, Banking Financial Institutions must send information regarding credit granted to related parties and holders of relevant management functions or positions, in Excel format, to the electronic address dsb@bna.ao.
- Information submitted by Banking Financial Institutions, previously validated by the respective systems, must be: a) Final, not admitting provisional data; and, CONTINUATION OF DIRECTIVE NO. 05/2025 Page 2 of 2 b) In case of error, the Institution is notified of detected irregularities for correction purposes, which does not exempt it from complying with the established deadlines.
- Banking Financial Institutions must submit the information referred to in paragraph 1 of this Directive, according to the format below: Function % Degree of kinship Type Value Stage of impairment No. of Restructurings Guarantees Maturity Date Amount granted Purpose of Credit Preventive Measures CREDIT OPERATIONS TO RELATED PARTIES AND HOLDERS OF FUNCTIONS OR RELEVANT MANAGEMENT POSITIONS Currency of Financing Amount maturing Amount due Value in Debt Amount of Impairment Established Sector of Economic Activity No. Name INSTITUTION PERIOD Related Party and Holder of function or relevant management position Maturity Date
- Doubts and omissions resulting from the interpretation and application of this Directive are clarified by the National Bank of Angola.
- This Directive enters into force on the date of its publication. Luanda, May 22, 2025. BANKING SUPERVISION DEPARTMENT
Elavoko do Rosário Chaves João -Director- FINANCIAL SYSTEM REGULATION AND ORGANIZATION DEPARTMENT
Cândido Abrantes Pina -Director-