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NBE repeals controversial bond bill

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After promising they would do so for a year, the National Bank of Ethiopia (NBE) has repealed the controversial bill imposed on private banks,...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

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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

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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

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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

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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...

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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%

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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...

NBE leader rolls out new reforms

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The National Bank of Ethiopia (NBE), the central bank, announced that, despite the foreign currency shortage, there have been significant reforms in the financial...

NBE receiving paltry gold deposits

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Widespread contraband trade, political instability in gold mining regions, and a need for a better system to stop corruption are being blamed for a...

NBE allows banks to check and approve price of imported items

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The National Bank of Ethiopia (NBE), which regulates financial institutions, amended the ‘Setting of Indicative Minimum Price for Selected Import Items’ directive issued four...
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