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Friday, September 25, 2020
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Operational investment projects dropped by 99%

The latest quarterly bulletin of the National Bank of Ethiopia (NBE) indicates that fresh investment projects and investment capital was almost nil in the...

Agriculture focused bank in the making

The National Bank of Ethiopia (NBE) gave direction to the Ministry of Agriculture to come up with a detail plan for the formation of...

Reform supplier credit schemes, bankers say

Financial industry pundits are recommending that the government reevaluate the suppliers’ credit scheme which excludes local investors and instead give priority to foreign companies....

NBE fixes hard currency allocation

National Bank of Ethiopia (NBE), the financial institution regulatory body, has placed a fixed percentage on the hard currency allocation for private banks on...
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