Angolan Central Bank slaps financial institutions with US$575,000 in penalties for infractions
In the second quarter of 2023, the Angolan central bank sanctioned both banking and non-banking financial institutions for various infractions, resulting in a total amount of 473.5 million kwanzas (US$575,000) in penalties. The sanctions were imposed due to actions such as providing false information to the supervisory body. The National Bank of Angola (BNA) reported […]