Regulatory Alerts2024-12-24
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Directive No. 09, of December 20, 2024
The Bank of Angola’s Markets Department issues Directive No. 09/2024 to update mandatory reserve calculation and compliance requirements in alignment with the current macroeconomic framework. The directive establishes a 21% coefficient for national currency and 22% for foreign currency reserves, while specifying eligible assets such as Treasury bonds and central government deposits. It further defines credit rights deductions, suspends non-compliant credits exceeding 180 days, and mandates full compliance effective January 1, 2025.
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