## Angola: Financial Sector Assessment Program-Financial System Stability Assessment

_IMF Staff Country Reports, May 8, 2026_

## Source details

**Canonical URL:** [Angola: Financial Sector Assessment Program-Financial System Stability Assessment](https://www.imf.org/en/publications/cr/issues/2026/05/08/angola-financial-sector-assessment-program-financial-system-stability-assessment-575957)

## Other formats

- [Markdown version](/en/publications/cr/issues/2026/05/08/angola-financial-sector-assessment-program-financial-system-stability-assessment-575957/index.md)
- [Structured JSON version](/en/publications/cr/issues/2026/05/08/angola-financial-sector-assessment-program-financial-system-stability-assessment-575957/index.json)
- [Bundle manifest](/en/publications/cr/issues/2026/05/08/angola-financial-sector-assessment-program-financial-system-stability-assessment-575957/bundle-manifest.json)

## Bibliographic details
- Published: May 8, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229044516.002

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### Economic context and timing
- The FSAP takes place as the economy shows signs of recovery, but lingering concerns remain over liquidity pressures, given the fragile fiscal position and looming sizable external debt service.
- Angola’s oil-dependent economy recovered in 2024; yet sovereign and private financing conditions remained tight.

### Key findings on the financial sector
- The bank-dominated financial sector is small and appears adequately capitalized on average.
- Certain vulnerabilities persist:
  - High non-performing loans.
  - A substantial sovereign-bank nexus.
  - Exposure to foreign exchange risks.
  - Exposure to climate-related financial risks.

### Liquidity and funding profile
- Liquidity indicators are high.
- The bulk of banks’ funding comes from residents’ deposits.

### Thematic coverage and subjects
- Subject areas listed: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Economic sectors, Financial sector, Financial Sector Assessment Program, Financial sector policy and analysis, Financial sector stability.
- Keywords include: Africa, Anti-money laundering and combating the financing of terrorism (AML/CFT), capital market, Financial sector, Financial Sector Assessment Program, Financial sector stability, Fsap finding, Global, liquidity indicator, Middle East, problem bank, Southern Africa, systemwide liquidity analysis.

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## Content in this bundle

- **Executive Summary**
  - [Executive Summary (Markdown version)](/-/media/files/publications/cr/2026/english/1agoea2026003-source-pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Executive Summary (PDF)](/-/media/files/publications/cr/2026/english/1agoea2026003-source-pdf.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2026/05/08/angola-financial-sector-assessment-program-financial-system-stability-assessment-575957_