Angola Zinssatz

The National Bank of Angola held its key interest rate at 19.5% in its March 2025 meeting, marking ten consecutive months of borrowing costs at the highest since December 2022. Still, the central bank lowered the liquidity absorption rate by 100bps to 17.5% and eased the reserve requirement ratio for commercial banks by 100bps to 20%. The measures aimed to increase liquidity in the Angolan financial system for growth to remain above the target of 3%, with the GDP for 2024 expected to have grown at 4.4%, outpacing the 3.61% growth in the oil sector. Additionally, inflation is expected to slow to 17.5% in 2025 after ending 2024 at 27.5%.