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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...

Import value drops

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The recent released quarterly bulletin report of National Bank of Ethiopia (NBE) second quarter report for the 2019/20 fiscal year indicates that the total...

NBE to table secondary market directive by June

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The National Bank of Ethiopia (NBE) that targeted to introduce the secondary market this month has stated that it is working to table the...

NBE to relax restrictive directives

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During their virtual meeting bankers requests the National Bank of Ethiopia (NBE), to relax the loan rules to mitigate the economic effect that they...

New directive clears way for e-payment

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The National Bank of Ethiopia (NBE) issued a directive for the establishment of alternative financial firm that paves the way for e-payment system. The directive...

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

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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

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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

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