BNA stops issuing credit statements as of tomorrow

BNA stops issuing credit statements as of tomorrow
BNA stops issuing credit statements as of tomorrow

The National Bank of Angola (BNA) will stop issuing declarations of responsibility for internal or external credit with effect from tomorrow, Tuesday, 3.

The central bank recommends bank customers to contact their respective commercial banks for the purpose of requesting credit responsibility statements, in order to enforce strict compliance with the regulatory requirements applicable to the provision of minimum information to bank customers.

“The statements in question serve different purposes, such as changing the salary account, granting credit in the Angolan financial system, other credit requirements in the Angolan financial system and obtaining credit abroad”, explains the BNA in a statement, adding that the measures “aim to fully satisfy the legitimate expectations of account holders in Angolan commercial banking”.

The central bank also makes reference to point 11 of Instruction No. 13/2020, of 17 July, whereby borrowers, guarantors and guarantors have the right to be informed of the information about them contained in the Risk Central of Credit, and should, whenever they wish, request the same from any financial institution where they are borrowers, guarantors or guarantors.

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