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Local manufacturers to enjoy suppliers’ credit scheme

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The controversial suppliers’ credit directive has been revised to include local manufacturers to access inputs on credit. It is recalled that in October 2017, the...

Agriculture sits at the top of fresh loan Unique balance of...

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Unlike the previous experience, the agriculture sector has got better attention in terms of finance allocation, while the overall balance of payments has shown...

Bridging the IT industry and Academia

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ICT-ET (Information and Communication Technology association of Ethiopia) is an association set to EXPOSE, ENGAGE and ENABLE the private sector involved in Information Technology,...

First quarter fiscal year update and capacity building plans

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New regulation that targets the improvement of skilled labour in the financial institutions is expected to be tabled for the Council of Ministers. The capital...

Ethiopians open a foreign currency account

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The National Bank of Ethiopia is going to allow Ethiopians who work in different organizations and who are paid in foreign currency to open...

NBE sets new directive for successful demonetization

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Under the demonization process, the National Bank of Ethiopia (NBE) has emplaced some revisions on the process. The revision is inclusive of the reduction...

NBE secures financial consumers security

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The National Bank of Ethiopia (NBE) has issued a directive that aims to protect and build the confidence of the financial consumers by promoting...

Insurers left unassured by NBE directive

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Insurers expressed their shock to the highly anticipated investment of insurance fund directive that was reviewed by the National Bank of Ethiopia (NBE) recently. The...

NBE to receive dormant account liabilities

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The National Bank of Ethiopia (NBE) issued a directive to execute article 52 of the 2008 Banking Business Proclamation No. 592/2008 that enforce banks...

CAMEL to be used to rate MFIs transition to banks

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CAMEL rating will determine the transition of microfinance institutions (MFIs) to banks under the new directive of the National Bank of Ethiopia (NBE). State...
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