Circular Letter No. 06/2022, dated August 3

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CIRCULAR LETTER NO. 06/2022
SUBJECT: FINANCIAL SYSTEM

• Participation of Financial Institutions in Private Credit Information Centers (PCICs)

To guide the financial institutions under the supervision of this Central Bank in the process of participation by Financial Institutions in Private Credit Information Centers (PCICs), as shareholders or stockholders, subscribers, or information providers, in accordance with the combined provisions of paragraph c) of section 1 and section 5 of Article 21 of Law No. 14/21, dated May 19, the General Regime of Financial Institutions Law, and paragraph a) of Article 6 and paragraph a) of section 1 of Article 26, both from Presidential Decree No. 275/20 dated October 21, which Approves the Regulation on the Activity of Private Credit Information Centers;

The National Bank of Angola determines that, whenever a Financial Institution intends to participate in a PCIC, under the aforementioned terms, it must:

1. Request prior authorization from the National Bank of Angola, attaching for this purpose the following elements:
   a) Application; b) Contract concluded between the Financial Institution and the Private Credit Information Center; c) Percentage in Share Capital; d) Investment Value; e) Organizational Structure.
2. Whenever participating as an information provider in a PCIC, communicate and obtain authorization from its clients for the sharing of information regarding credits, their guarantees, and sureties held.

CONTINUATION OF CIRCULAR LETTER NO. 06/2022 page 2 of 2 Doubts and omissions arising from the above are resolved by the National Bank of Angola. This Circular Letter enters into force on the date of its publication. Luanda, August 3, 2022. DEPARTMENT OF REGULATION AND ORGANIZATION OF THE FINANCIAL SYSTEM __________________________________ Carla Marisa Rodrigues Madeira Gomes -Director-