2026-03-25

Directive No. 02/2026, of March 25

The National Bank of Angola's Markets Department issues Directive No. 02/2026 to update mandatory reserve calculation and compliance frameworks for Angolan banking financial institutions. The directive fixes reserve coefficients at 17.5% for national currency and 22% for foreign currency deposits, establishes a monthly calculation and compliance cycle, and defines eligible assets including specific sovereign bonds and qualifying credit rights for agricultural and forestry projects. Effective April 1, 2026, institutions must apply these updated requirements and deduct credit rights only after validation by the central bank, simultaneously repealing Directive No. 07/25.

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