Ethiopia to conduct FX auctions every two weeks
The National Bank of Ethiopia (NBE) announced on March 31 that it would conduct foreign exchange auctions every two weeks over the coming months to ensure the FX market’s continued stability.
National Bank of Ethiopia
National Bank of Ethiopia to Hold Biweekly Foreign Exchange Auctions
The central bank stated that Ethiopia’s external balance of payments has improved since the launch of a comprehensive macroeconomic reform in July 2024. As a result, the country’s foreign exchange …
National Bank of Ethiopia to Modernize Treasury Bill System to Expand Investment Opportunities
The National Bank of Ethiopia (NBE) has unveiled plans to modernize the government treasury bill (T-bill) system, aiming to make these financial instruments more accessible to citizens and investors.
National Bank of Ethiopia Concludes Special Foreign Exchange Auction
The National Bank of Ethiopia (NBE) hereby announces the results of the Special Foreign Exchange Auction held today, February 25, 2024. The Special FX Auction saw the participation of 27 banks. The …
Central Bank Will be Conducting Special Foreign Exchange Auction on February 25
The National Bank of Ethiopia (NBE) hereby announces that it will be conducting a Special Foreign Exchange Auction on February 25, 2025. The auction will be in the amount of 60 million USD and is open …
Ethiopia: National Bank to Hold USD 60 Million Special Forex Auction on February 25
The National Bank of Ethiopia (NBE) has announced a Special Foreign Exchange Auction scheduled for February 25, 2025, with USD 60 million available for bidding by all banks.
Central Will Bank be Conducting Special Foreign Exchange Auction on February 25
TThe National Bank of Ethiopia (NBE) hereby announces that it will be conducting a Special Foreign Exchange Auction on February 25, 2025. The auction will be in the amount of 60 million USD and is …
IMF Managing Director’s visit to Ethiopia and her observation on Ethiopia’s historic economic reforms
On the occasion her official working visit to Ethiopia, the National Bank of Ethiopia (NBE) is delighted to welcome Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). In …
IMF Managing Director’s visit to Ethiopia and her observation on Ethiopia’s historic economic reforms
On the occasion her official working visit to Ethiopia, the National Bank of Ethiopia (NBE) is delighted to welcome Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). In …
Ethiopia TEKLEWOLD ATNAFU
It is his former deputy Teklewold Atnafu who replaces the governor of the National Bank of Ethiopia (NBE), Dubale Jale since the beginning of March. Dubale was at the head of the Ethiopian central …
IMF commends Ethiopian central bank’s reforms
The International Monetary Fund has commended the National Bank of Ethiopia (NBE) for implementing reforms that expedited the country’s debt restructuring talks.
National ID mandatory for shareholders’ pending digital re-registration
A program office under the Office of the Prime Minister obliges all shareholders to hold a national ID card in order to conduct the mandatory digital …
Ethiopia: Gambella Delivers Over 27 Quintals of Gold to National Bank in Six Months
The Gambella Regional Mineral and Energy Resources Agency has announced the delivery of over 27 quintals (2,747 kilograms) of gold to the National Bank of Ethiopia within the past six months.
Ethiopia: Gambella Delivers Over 27 Quintals of Gold to National Bank in Six Months
The Gambella Regional Mineral and Energy Resources Agency has announced the delivery of over 27 quintals (2,747 kilograms) of gold to the National Bank of Ethiopia within the past six months.
Ethiopia: Lawmakers Greenlight Foreign Banks’ Presence in Ethiopia
The House of Peoples’ Representatives (HoPR) has approved the proclamation of the National Bank of Ethiopia (NBE), enabling … its regulatory capacity over commercial banks.
Ethiopia: Lawmakers Greenlight Foreign Banks’ Presence in Ethiopia
The House of Peoples’ Representatives (HoPR) has approved the proclamation of the National Bank of Ethiopia (NBE), enabling foreign banks to operate within the country’s financial sector.
World Bank Supports Ethiopia’s Efforts to Unleash the Potential of its Financial Sector
The project is designed to tackle these issues head-on by modernizing the regulatory and supervisory framework of the National Bank of Ethiopia (NBE), supporting governance reforms, balance sheet …
MoU Signed to Drive Economic Growth, Financial Innovation and Capital market in Ethiopia
A Memorandum of Understanding (MoU) was signed today between the National Bank of Ethiopia (NBE) and the Ethiopian Capital Market Authority (ECMA). POA learned that the Memorandum of Understanding was …
Ethiopia: Diaspora Remittances Exceed USD 2.5 Billion in Five Months
The Ethiopian Diaspora Service has announced that over USD 2.5 billion in foreign exchange was received from the diaspora over the past five months. Ambassador Fitsum Arega, Director General of the …