In the period, the BNA's Financial System Regularisation and Organisation Department also registered twelve warnings.
In a statement, to which Lusa had access this Wednesday, the BNA mentions that 50 penalties were imposed on the banks, corresponding to 288.17 million kwanzas and five warnings.
In the foreign exchange field, the commercial banks committed several infringements, namely breaches of the reporting of foreign exchange import operations, of the rules and procedures of foreign exchange operations and of the liquidity limit.
In relation to prudential matters, the BNA registered breaches of the rules on the registration of branch networks, the deadlines for periodic reports and the rules on the special registration of corporate bodies.
Non-compliance with the rules on combating money laundering, corporate governance and internal control systems and statistical reporting on fraud were also registered in the last five months of 2019.
Within the scope of monitoring the activities of the country's financial institutions, the BNA also found infringements relating to financial conduct, namely failures to report on the self-assessment questionnaire and statistical reporting of complaints.
According to the central bank, financial penalties corresponding to 133.4 million kwanzas were also imposed on non-banking financial institutions in respect of infringements committed during the period.
Between July and December 2019, the BNA registered seven admonitions to non-banking financial institutions, mainly for the "violation of deadlines" for carrying out several reports.
Non-compliance with the rules and procedures of the exchange rate rules, the reporting of money remittance operations, the reporting and publication of the accounts report and the reporting of the quarterly balance sheets count as infringements.
Non-compliance with the rules on the adequacy of minimum share capital, the reporting on the volume of loans granted, the time limits for periodic reporting and the reporting on fees also make up the list of infringements by non-banking financial institutions in Angola.
