Directive No. 11/2023, of 24 November 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 18.00% per annum;

2- Interest Rate for the Permanent Liquidity Provision Facility (FCO) is set at 18.5% per annum; and

3- Interest Rate for the Liquidity Absorption Facility is set at 17.5% per annum.

This BNA instrument came into effect on the date of its publication and repealed Directive No. 08/DME/23, of 19 July 2023.

For more information on this Banking Alert please contact:
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