Announcement on Credit Grant in Specific Sector of the Real Economy (As of October 31, 2020)
2020-10-31
According to the requirements of Article 7 of Notice No.10/2020 issued by the National Bank of Angola on April 1, 2020, our bank's announcement regarding the relevant content is as follows:
As of October 31, 2020, the total approved amount of credit to specific areas of the real sector of the economy is 440 million kwanza, the total amount disbursed is 270 million and 170 million have been settled.
Under Notice No. 04/2019 and Notice No. 07/2019, 170 million were approved and disbursed with a term of 6 months, it has already been settled and the existing balance is 0.
Under Notice No. 10/2020, until the present date, 270 million have been approved and 100 million have been disbursed over a 6-month period, and the existing balance is 100 million.
Announced
Bank of China Luanda Branch
October 31, 2020
