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Mozambique: lending & credit regulation

Regulated

Mozambique lending: BDM prudential oversight, credit registry, and consumer disclosure rules

Lead regulator:
Banco de Moçambique
Key law:
Banking and Financial Services Framework (Banco de Moçambique regulations)
Last updated:
2026-07-12

The banking and lending sector in Mozambique is strictly regulated by the Banco de Moçambique (BDM), which oversees credit institutions and financial companies. Recent regulatory activity focuses on prudential stability, consumer protection, and market modernization rather than the establishment of a standalone consumer credit licensing regime for non-bank entities.

Key regulatory requirements include mandatory participation in the Central Credit Registry, standardized pre-contractual disclosure using FINC sheets, and adherence to macroprudential limits such as Loan-to-Value and Debt-to-Income ratios. The BDM also manages systemic risk through exceptional prudential provisions and transition protocols for benchmark rates.

While the documents confirm robust oversight of traditional credit providers, they do not explicitly define a distinct licensing category for non-bank consumer lenders or fintech credit platforms. Consequently, the regulatory status for non-traditional lenders remains inferred from general banking supervision principles.

Who regulates

  • Banco de Moçambique

    Central bank and primary supervisor of credit institutions, financial companies, and microfinance operators.

    [1][2][3][4][5][6]

Core laws & rules

  • Regulation of the Credit Registry Central (2024)

    Modernizes the credit reporting framework, mandating supervised credit-granting entities to report loan data within twenty days.

    [2]

  • Rules for Disclosure and Provision of Pre-Contractual Credit Information (2023)

    Establishes mandatory standardized disclosure (FINC sheet) for credit institutions, financial companies, and microfinance operators.

    [3]

  • Exceptional Regime for Minimum Regulatory Provisions (2025)

    Imposes a twelve-month prudential regime reducing minimum regulatory provision percentages for non-performing loans.

    [1]

Licensing & registration

  • Credit Institution / Financial Company

    Supervised entities must comply with prudential standards, credit registry reporting, and consumer disclosure rules. Specific capital floors for new entrants are not detailed in the provided documents.

    [2][3]

Restrictions & warnings

  • Macroprudential limits mandate maximum Loan-to-Value (LTV) and Debt-to-Income (DTI) ratios of 100% for assessing borrower creditworthiness.

    [6]

  • Credit institutions must transition from LIBOR to Risk-Free Rates by December 31, 2021, following detailed contract reviews.

    [4]

Direction of travel

  • Regulatory focus is on financial stability, modernizing credit data infrastructure, and enhancing consumer transparency through standardized disclosures.

    [2][3]

Sources

  1. Notice No. 3/GBM/2025, of April 9 – Exceptional Regime for Minimum Regulatory Provisions · 2025-04-09
  2. Notice No. 12/GBM/2024, December 30 – Regulation of the Credit Registry Central · 2024-12-30
  3. Notice No. 5/GBM/2023, of October 16 - Establishes the Rules for Disclosure and Provision of Pre-Contractual Credit Information · 2023-10-16
  4. Circular No. 06/EFI/2021, of December 10 - Procedures Arising from the Substitution of LIBOR in the Financial Market · 2021-12-10
  5. Circular No. 02/EFI/2020, of March 23 - Credit Restructuring in the Context of the COVID-19 Pandemic · 2020-03-23
  6. Notice No. 10/GBM/2018, of 29 October – Domestic Systemically Important Credit Institutions · 2018-10-29

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This guide is compiled automatically from 6 primary-source documents published by Mozambique's regulators, reviewed by RegAlert, and refreshed monthly (last updated 2026-07-12). It is not legal advice — always confirm requirements with the regulator or local counsel before acting.