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Ethiopian News

Central Bank Airs Liquidity Fears, Fraud Concerns In Stability Report

NPL ratio could rise to 30pct in worst-case scenario The central bank’s latest Financial Stability…

adminDecember 8, 2024

Ethiopian News

NBE Governor Defends Far-reaching Changes To Banking Proclamations, Allays Fears Over Foreign Bank Entry

Proposed amendments to the banking business and National Bank of Ethiopia (NBE) establishment proclamations drew…

adminNovember 19, 2024

Ethiopian News

Independent Forex Bureaus Receive Central Bank Approval

Regulators at the National Bank of Ethiopia (NBE) have granted licenses to five non-bank forex…

adminOctober 2, 2024

Ethiopian News

Thousands Face Layoffs As State Bank, Commercial Nominees Scrap Opaque Outsourcing Deal

Labor union considering litigation A labor union representing the workforce of a subsidiary of the…

adminSeptember 5, 2024

Ethiopian News

Ezana Mining Propositions Central Bank For Credit Cap Exemption, Special Privileges

In a bid to break up the entrenched illicit gold trade in Tigray and revive…

adminAugust 21, 2024

Ethiopian News

AfDB Approves $40 Million Trade Finance Transaction Guarantee Facility To Dashen Bank

The Board of Directors of the African Development Bank Group has approved a USD 40…

adminAugust 10, 2024

Ethiopian News

World Bank Nods To USD 1.5bln Ethiopia Policy Operation

The World Bank has approved the disbursal of a USD 1.5 billion package for the…

adminAugust 1, 2024

Ethiopian News

Central Bank Adjusts Gold Purchase Price, Again

The National Bank of Ethiopia (NBE) has announced yet another change to its gold purchase…

adminJuly 31, 2024

Ethiopian News

Ahadu Bank Reports First Taste Of Profits

Paid-up capital up to 1.03 billion birr The shareholders of Ahadu Bank breathe a sigh…

adminJuly 11, 2024

Ethiopian News

Central Bank Revamps Monetary Policy

Governor Mamo Mihretu has announced a rework of the National Bank of Ethiopia’s (NBE) monetary…

adminJuly 10, 2024

Bank

Central Bank Airs Liquidity Fears, Fraud Concerns In Stability Report

NBE Governor Defends Far-reaching Changes To Banking Proclamations, Allays Fears Over Foreign Bank Entry

Independent Forex Bureaus Receive Central Bank Approval

Thousands Face Layoffs As State Bank, Commercial Nominees Scrap Opaque Outsourcing Deal

Ezana Mining Propositions Central Bank For Credit Cap Exemption, Special Privileges

AfDB Approves $40 Million Trade Finance Transaction Guarantee Facility To Dashen Bank

World Bank Nods To USD 1.5bln Ethiopia Policy Operation

Central Bank Adjusts Gold Purchase Price, Again

Ahadu Bank Reports First Taste Of Profits

Central Bank Revamps Monetary Policy

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