Directive No. 08/2023 of 19 July 2023, issued by the National Bank of Angola (“BNA”) set the following interest rates: 

1. Basic Interest Rate of the BNA (BNA Rate) is set at 17.00% per annum;

2. Interest Rate for the Permanent Liquidity Provision Facility (FCO) is set at 17.50% per annum; and

3. Interest Rate for the Liquidity Absorption Facility is set at 13.50% per annum.

For more information on this Banking Alert please contact:
[email protected]