The National Bank of Ethiopia (NBE) has announced it will keep its benchmark interest rate steady at 15 percent while easing the ceiling on credit growth to 24 percent for the 2025/26 fiscal year. The decision was made during the fourth meeting of the NBE’s Monetary Policy Committee (MPC) on September 25, 2025.
The National Bank of Ethiopia (NBE) has issued a new directive allowing the establishment of local reinsurance companies, according to The Reporter.
The National Bank of Ethiopia (NBE) has launched the country’s first Automated Interbank Foreign Exchange Trading Platform, marking a major step in Ethiopia’s ongoing macroeconomic reform and financial sector modernization agenda.
The National Bank of Ethiopia (NBE) has unveiled a strategic initiative to enhance foreign currency inflows by launching a six-month campaign aimed at increasing remittances. The campaign, which involves government agencies, financial institutions, diplomatic missions, and the diaspora, is part of broader efforts to stimulate hard currency generation.
The National Bank of Ethiopia (NBE) has taken a significant step towards deepening the country's foreign exchange market by granting licenses to five companies to operate as Independent Foreign Exchange Bureaus.
