Standard Bank is set to implement sanctions on seven financial institutions, including Angolan Bank SA Investments and the local unit of The Bank of Angola, for failing to comply with foreign exchange rules. The central bank will continue to monitor the banks' implementation of forex rules.
The Bank of Angola is set to implement sanctions on seven financial institutions, including Angolan Bank SA Investments and the local unit of Standard Bank, for failing to comply with foreign exchange rules. The central bank will continue to monitor the banks' implementation of forex rules.