The BNA's Financial Stability Committee (CEF), in a statement released after last week's meeting where it assessed the main systematic banking risk factors, decided to maintain the conservation reserve at 2.50 percent, applicable to all financial institutions banking.
It also maintained the countercyclical reserve (additional reserve constituted by core capital due to excessive credit growth) at 0 percent and the reserve for banking institutions of systematic domestic importance (D-SIBs), namely BAI, BFA, BPC, SBA, KEVE, BCI, BMA, BNI, Banco Sol and Banco Económico between one percent and two percent.
According to the CEF, during this period the banking sector demonstrated sufficient solidity to face the risks of financial activity, evidenced, essentially, by the capital and liquidity indices, since these are above the regulatory minimum.
This BNA body notes, however, that in the months of April, May and June vulnerability risks persisted, such as the low level of financial intermediation, slight deterioration in asset quality indicators, with an increase in credit risk, decreased profitability and exposure to sovereign risk – probability of the State not honoring its commitments or failing to fulfill its contractual obligations.
The next CEF meeting will be held in Luanda on November 29, 2024.
