Angola: banking regulations 2020
The Angolan banking system now comprises 26 banks, it being widely agreed that Angola’s banking institutions will need to continue their consolidation over the next few years – particularly considering that Angolan banking institutions still have a high rate of nonperforming loans (NPLs), despite the 5% reduction in 2018, and are being required to comply with international best practices and standards issued by the Basel Committee on banking supervision.