Directive No. 03/DEE/DSB/DRO-2019, dated March 28

THE GOVERNOR DIRECTIVE NO. 03/DEE/DSB/DRO-2019 ORIGIN: Department of Economic Studies (DEE) Banking Supervision Department (DSB) Financial System Regulation and Organization Department (DRO) DATE 28/03/2019 SUBJECT: Submission of Additional Information on New Credits and Deposits through the Financial Institutions Supervision System - SSIF

• Monthly information
• Commercial Banks

Whereas it is necessary for the Banco Nacional de Angola to monitor, in greater detail, financial intermediation activity within the banking sector, specifically new credits granted to the economy by Commercial Banks, as well as new deposits captured from their clients; Pursuant to Article 96 of Law No. 12/15, dated June 17, the Framework Law for Financial Institutions; This Directive serves to establish the following:

1. Commercial Banks must submit the following information monthly: 1.1 Total amount of new credits granted to the economy, by economic activity sector, during the reported period, as per Annex I of this Directive; 1.2 Total amount of matured credits, during the reported period, as per Annex I of this Directive; 1.3 Total amount of restructured credits during the reported period, as per Annex I of this Directive; 1.4 Total amount of credits transferred to write-off during the reported period, as per Annex I of this Directive;

DIRECTIVE NO. 03/DEE/DSB/DRO-2019 Page 2 of 5 1.5 Total amount of new deposits captured, by market segments, during the reported period, as per Annex II of this Directive. 2. The information referred to in the preceding points must be submitted electronically, by the 8th day of the following month, using the Financial Institutions Supervision System (SSIF), in accordance with the provisions, requirements, and specifications of the XML message available on the SSIF Portal. 3. For the purposes of the preceding paragraph, until the SSIF is available for sending and receiving the information referred to in number 1, Commercial Banks must submit it to the Department of Economic Studies (DEE) of the Banco Nacional de Angola (BNA), in Excel format, via the electronic address: dee@bna.ao. 4. The submitted information must reflect new credits granted to the economy, matured credits, restructured credits, credits transferred to write-off, and new deposits captured by commercial banks during the reported period. The reported information must comply with the principles and procedures of sound banking practice. 5. The information submitted by Commercial Banks must be previously validated by the SSIF system and assumed as final, not admitting provisional data. 6. In case of error, the Commercial Bank is notified of detected irregularities for correction purposes, without being exempted from complying with the established deadlines. 7. Failure to submit information, submission of incorrect information, or non-compliance with established deadlines subjects the Bank to penalties provided for in the Framework Law for Financial Institutions.

DIRECTIVE NO. 03/DEE/DSB/DRO-2019 Page 3 of 5 8. Doubts and omissions resulting from the interpretation and application of this Directive are resolved by the Banco Nacional de Angola. 9. This Directive enters into force immediately on the date of its publication. Luanda, March 28, 2019. DEPARTMENT OF ECONOMIC STUDIES (DEE)

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Sebastião Kivampolo Tuma -Director- BANKING SUPERVISION DEPARTMENT (DSB)

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Elavoko do Rosário Chaves João -Director- FINANCIAL SYSTEM REGULATION AND ORGANIZATION DEPARTMENT (DRO)

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Carla Marisa Madeira Gomes -Director-

DIRECTIVE NO. 03/DEE/DSB/DRO-2019 Page 4 of 5 ANNEX I Monthly Credit Report by Economic Activity Subsection Code Subsection Description MN ME MN ME MN ME MN ME AA Agriculture, Animal Production, Hunting and Forestry BB Fishing CA Extraction of Energy Products CB Extractive Industries Except for Energy Product Extraction DL Manufacturing of Electrical and Optical Equipment DA Food, Beverage, and Tobacco Industries DB Textile Industry DN Transforming Industries, N.E. DE Pulp, Paper and Cardboard Industries and Their Articles; Publishing and Printing DJ Basic Metallurgical and Metal Products Industries DG Manufacturing of Chemical Products and Synthetic or Artificial Fibers DH Manufacturing of Rubber and Plastic Materials Articles DD Wood and Cork Industries and Their Works DM Transportation Equipment Manufacturing DK Machinery and Equipment Manufacturing, N.E. DI Manufacturing of Other Non-Metallic Mineral Products DC Leather and Leather Products Industry DF Coke, Refined Petroleum Products and Nuclear Fuel Manufacturing EE Electricity, Gas, and Water Production and Distribution FF Construction GG Wholesale and Retail Trade; Repair of Motor Vehicles, Motorcycles, and Personal and Household Goods HH Accommodation and Catering (Restaurants and Similar) II Transport, Storage, and Communications JJ Financial Activities LL Public Administration, Defense, and Mandatory Social Security KK Real Estate Activities, Rentals, and Services Provided to Businesses MM Education NN Health and Social Action OO Other Collective, Social, and Personal Services Activities PP Households with Domestic Employees QQ International Organizations and Other Extra-Territorial Institutions ZZ Individuals Credit Flows Granted During the Month Matured Credits During the Month J - Financial ActivitiesTotal Restructured Credits During the Month Credits Transferred to Write-off During the Month A - Agriculture, Animal Production, Hunting and Forestry Total B - FishingTotal C - Extractive Industries Total D - Transforming Industries Total E - Electricity, Gas, and Water Production and Distribution Total F - ConstructionTotal G - Wholesale and Retail Trade; Repair of Motor Vehicles, Motorcycles, and Personal and Household Goods Total H - Accommodation and Catering (Restaurants and Similar)Total I - Transport, Storage, and CommunicationsTotal Z - IndividualsTotal TOTAL K - Real Estate Activities, Rentals, and Services Provided to Businesses Total M - EducationTotal N - Health and Social Action Total O - Other Collective, Social, and Personal Services ActivitiesTotal P - Households with Domestic EmployeesTotal Q - International Organizations and Other Extra-Territorial Institutions

DIRECTIVE NO. 03/DEE/DSB/DRO-2019 Page 5 of 5 ANNEX II TOTAL MN ME TOTAL MN ME A - INDIVIDUALS/PRIVATE SECTOR B - PUBLIC COMPANIES C - PRIVATE COMPANIES C1 LARGE C2 MEDIUM C3 SMALL D - GOVERNMENT Total Monthly Deposit Report by Market Segments Code Subsection Description Time Deposits Demand Deposits Monthly Deposit