Regulatory Alerts2026-07-09
Added · Updated
Directive No. 05/2026 on the Constitution of Mandatory Foreign Currency Reserves
The National Bank of Angola's Markets Department issued Directive No. 05/2026 to consolidate accounts and adjust procedures for the constitution and demobilization of mandatory foreign currency reserves for banking financial institutions. It designates USD, EUR, CNY, and ZAR as eligible currencies, requiring institutions to submit confirmation and demobilization requests to dme@bna.ao, with bank coordinates shared separately. This directive, which considers only the effective daily closing balance in the BNA's correspondent account, revokes Directive No. 03/23 and becomes effective on July 6, 2026.
Topics
monetary
fx
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