Ethiopia’s foreign exchange reserves are projected to approach USD 6 billion by the end of the 2025/26 fiscal year, according to the International Monetary Fund (IMF), reflecting continued progress under the country’s ongoing economic reform program.
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The National Bank of Ethiopia (NBE) has removed the credit growth cap imposed on commercial banks and raised its policy interest rate by one percentage point as part of measures intended to maintain tight monetary conditions and contain inflation.
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The Executive Board of the International Monetary Fund (IMF) has approved a new disbursement of approximately USD 464 million to Ethiopia after completing the fifth review of the country’s (ECF) program.
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The Commercial Bank of Ethiopia reported a profit of Birr 80 billion during the 2025/26 fiscal year, following strong growth in deposits, lending, and foreign exchange earnings.
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Awash Bank has reported strong financial and operational performance for the 2025/26 fiscal year, with total deposits reaching Birr 467.8 billion, reflecting continued growth in customer outreach and savings mobilization efforts.
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