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Announcement on Credit Grant in Specific Sector of the Real Economy (As of January 31, 2022)

2022-01-31

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 January 31, 2022, the total approved amount of credit to specific areas of the real sector of the economy is 1.01 billion kwanzas, the total amount disbursed is 990 million kwanzas and 720 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, 690 million kwanzas have been approved and 670 million kwanzas have been disbursed, of which 270 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 270 million kwanzas.

Announced

Bank of China Luanda Branch
January 31, 2022

Related Information

Luanda Branch

Address: Via S10, Number 701-7,condominio Belas Business Park, Torre Cuanza Sul 8th floor, Bairro Talatona, Luanda, Republic of Angola

Tel: 00244-923 165 700

Fax: 00244-923 165 717

Email: service.ao@bankofchina.com