The National Bank of Angola reported that, under its memorandum of understanding with the South African Reserve Bank (SARB), a delegation from SARB’s Prudential Authority visited Angola from 3 to 5 March to conduct a banking supervision exercise at Standard Bank Angola, in the context of SARB’s role as the home supervisor of Standard Bank Group. The joint work began with a prudential meeting at the National Bank of Angola covering developments across both jurisdictions, including banking sector performance, key regulatory developments and supervisory processes. The two authorities then visited Standard Bank Angola on 4 and 5 March for meetings with the bank’s external auditors, the chair of the board, the chief executive and the heads of the anti-money laundering and counter-terrorist financing function.
National Bank of Angola 2026-03-19
National Bank of Angola and South African Reserve Bank's Prudential Authority carry out joint supervisory visit to Standard Bank Angola
The National Bank of Angola and the South African Reserve Bank's Prudential Authority conducted a banking supervision exercise at Standard Bank Angola from 3 to 5 March. This collaboration, under their memorandum of understanding, included discussions on banking sector performance, regulatory developments, and supervisory processes, as well as meetings with Standard Bank Angola's key personnel and external auditors.