Angola | 2019.10.22
Granting of Credit by Financial Institutions for Production of Essential Goods

BNA Order No. 4/19, of 3 April 2019, determined which essential goods that have a supply deficit in respect of national product are eligible for the granting of credit by Banking Financial Institutions and the relevant credit conditions, namely the maximum interest rate, commissions and other terms and conditions, such as the overall amount of credit to be granted annually by a given Banking Financial Institution.

On 7 October 2019, BNA Order No. 07/2019 entered into force, amending the list of essential goods whose production can be financed under the conditions set forth in BNA Order No. 4/19.

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angola@mirandaalliance.com

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