The National Bank of Angola fined Banco Millennium Atlântico, Banco Angolano de Investimentos (BAI) and Banco Keve totaling 126 million kwanzas (142 thousand euros) for various offences.
Banco Millennium Atlântico was fined the largest amount of Kwanza 56 million (€63,000) for failing to comply with the rules regarding interbank transfer transactions in national currency, “a fact that violates consumer protection provisions,” according to the decision on sanctions proceedings published this Wednesday. financial products and services.
Banco Angolano de Investimentos was fined 40 million kwanzas (45 thousand euros) for failing to comply with the regulatory deadline for making interbank transfers in national currency, as well as the deadline for providing information related to the complaint filed, violating the rules on consumer rights.
Banco Keve was fined 30 million kwanza (€34,000) for “failing to comply with special registration rules and for failing to comply with specific instructions from the BNA,” according to the Angolan regulator.
Author: Portuguese
Source: CM Jornal
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