Regulatory Alerts2025-02-07
Directiva No. 03/2025 of 5 February
The Banco Nacional de Angola, through its Markets Department, issued Directive No. 03/2025 to update the calculation and compliance requirements for Mandatory Reserves in alignment with current macroeconomic conditions. The directive establishes monthly incidence base periods, sets the national currency reserve coefficient at 20% and foreign currency at 22%, and specifies eligible assets including Treasury bonds, deposit balances, and specific credit rights. It mandates effective compliance from 1 February 2025, suspends non-compliant credit rights exceeding 180 days, and revokes Directive No. 09/24 of December 2024.
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