The National Bank of Ethiopia (NBE) has directed all commercial banks to compile and submit information on customers who use personal bank accounts for business or illicit purposes.
Ethiopia’s central bank, National Bank of Ethiopia (NBE), is going to serve banks and financial institutions with a one day workshop that is going to revolve around digital financial service.
The National Bank of Ethiopia issued an amended directive raising the maximum amount of foreign exchange cash overseas travelers can obtain from authorized foreign exchange dealers, Fortune reported.
The amended foreign exchange directive become become effective as of as of October 4, 2013.
The National Bank of Ethiopia (NBE) has formally re-licensed the Representative Office of Standard Bank, marking the first such approval issued under the country’s newly revised Banking Business Proclamation.
The National Bank of Ethiopia is considering amendment to its "Mobile and Agent Banking Services" directive enacted in January 2013, Fortune reported.
The directive opened the door for banks and micro-finance institutions to provide transaction-based mobile and agent banking services.
