João Lourenço, in presidential order no. OPI) on the Angolan Debt and Stock Exchange (Bodiva).
The privatization process "must comply with the corporate rights enshrined in the other shareholders, in accordance with the agreements entered into for the exercise of the preemptive right over the 15 percent of the shares representing the bank's share capital".
According to the President, a percentage of 2 percent of the shares representing the share capital "must be reserved for acquisition under special conditions by workers, under the terms of the law".
The Minister of Finance, Vera Daves, is delegated competence, with the power to sub-delegate, to verify the validity and legality of all subsequent acts, within the scope of the procedure for contracting services and financial intermediation.
The privatization of assets and/or public companies in Angola is managed by the Government's Privatization Program (Propriv) which includes the privatization of assets in the sectors of industry, banking, telecommunications, agriculture and others.
