Ver Angola

Banking and Insurance

National Bank of Angola creates new departments to adjust organizational structure

The National Bank of Angola (BNA) created two new departments – Financial Stability and Markets – to adjust the regulator's organizational structure to the legal-institutional framework.

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According to information disclosed on its website, with the creation of the Financial Stability Department, the BNA responds to the need for stability in the financial system, as a macroprudential authority, as well as identifying, monitoring and evaluating systemic risks and proposing the adoption of measures for its prevention, mitigation or reduction.

As for the Markets Department, resulting from the merger of the Reserve Management and Asset Market Departments, it aims to optimize the operationalization of liquidity processes, previously carried out by the extinct departments.

To direct the respective areas, Tânia Lopes was appointed as director of the Department of Markets, and Tuneka Lukau to direct the Department of Financial Stability.

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