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NBE issues directive that allows the diaspora to buy shares in...

The highly anticipated directive that enables the diaspora community to invest in the banking business in the country is issued by the National Bank...

NBE issues directive that gives life to warehouse receipt financing

The National Bank of Ethiopia (NBE) issued a directive that gives life for the Commercial Bank of Ethiopia (CBE) and Ethiopian Commodity Exchange (ECX)...

NBE working on directives for movable assets

The National Bank of Ethiopia (NBE) announced that directives are under preparation to activate the Movable Property Security Right Proclamation that was ratified by...

NBE repeals controversial bond bill

After promising they would do so for a year, the National Bank of Ethiopia (NBE) has repealed the controversial bill imposed on private banks,...

Reform NBE first, financiers say

Experts argued that before public banks are reformed the National Bank of Ethiopia (NBE) should reform itself. In a panel discussion entitled: ‘the state of...

Banks want NBE bill lifted

Many private banks are not comfortable with the National Bank of Ethiopia’s (NBE) five percent interest rates on deposits and the requirement that they...

MFIs given more power

The National Bank of Ethiopia (NBE), which supervises financial institutions, disclosed that it is drafting a directive to allow Microfinance Institutions to change their...

NBE approves minimum premium policy rate

The National Bank of Ethiopia (NBE), which regulates financial intuitions, is amending Insurance Business Proclamation No. 746/2012. This would allow NBE to set a...

Forex available for loan to foreign investors as local businesses cry...

The National Bank of Ethiopia (NBE) issued another controversial directive that would allow foreign investors to access foreign currency on credit for importing capital...

NBE reserves grow by 15%

The National Bank of Ethiopia’s (NBE) first quarter bulletin for 2018/19 budget year indicated that at the end of first quarter of 2018/19, reserve...
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