The Angolan Central Bank (BNA) has recently issued several orders (Avisos) approving new rules and procedures on banking deposits and credit, which include:

• Rules for the opening, handling and closing of bank deposits and disclosure duties on deposit-taking activity (BNA Order No. 10/16 and No 13/16, of 5 September 2016, respectively);
• Procedures and requirements for the opening and closing of branches and / or agencies (BNA Order No. 11/16, of 5 September 2016);
• Rules and procedures to be followed in marketing products and financial services (BNA Order No. 12/16, of 5 September 2016);
• Disclosure duties applicable to lending and credit restructuring activities (BNA Order No. 14/16, of 7 September 2016).

The above listed Orders entered into force on the date of their gazetting.

Should you wish to receive additional information, please contact:

[email protected]