Announcement on Credit Grant in Specific Sector of the Real Economy (As of July 31, 2021)
2021-07-31
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 July 31, 2021, the total approved amount of credit to specific areas of the real sector of the economy is 910 million kwanzas, the total amount disbursed is 890 million kwanzas and 520 million kwanzas have been settled.
Under Notice No. 04/2019 and Notice No. 07/2019, in 2019, 170 million kwanzas 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, in 2020, 150 million have been approved and disbursed, of which 100 million kwanzas have been disbursed with a 6-month period and 50 million kwanzas have been disbursed with a 3-month period. The existing balance is 0.
Under Notice No. 10/2020 and Notice No. 06/2021, in 2021, 590 million kwanzas have been approved and 570 million kwanzas have been disbursed, of which 170 million kwanzas have been disbursed with a 1-year period, 200 million kwanzas have been disbursed with a 6-month period and 200 million kwanzas have been disbursed with a 3-month period. The existing balance is 370 million kwanzas.
Announced
Bank of China Luanda Branch
July 31, 2021